WINNIPEG, (Manitoba): ICE canola futures rose on Tuesday on a modest resumption of buying after three sessions of notching nearly two-year lows.
With little selling of physical canola by Canadian farmers and commodity funds adding to short positions only on days when prices fall, even slight buying boosted the market, a trader said Most-active July canola gained $4.80 to settle at $709.40 per tonne.
Comments
Comments are closed.