ICE Canadian canola futures dipped on Wednesday pressured by weakness in US soy and a broad selloff of commodities. Commodities were weighed down by economic concerns about emerging markets such as Turkey, a trader said. November canola lost $3.50 at $504.10 per tonne. The November-January canola spread traded 573 times.Chicago November soybeans fell on US export worries and a strengthening US dollar.
November Paris Matif rapeseed futures and Malaysian October crude palm oil dipped. The Canadian dollar was trading at $1.3141 to the US dollar, or 76.10 US cents at 1:17 p.m. CDT (1817 GMT).
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