Canadian canola futures fall

28 Nov, 2017

ICE Canadian canola futures slid on Friday for a second straight day, touching a four-week low under pressure from technical selling and weaker soyabean prices. Commercial hedge selling was light, a trader said. January canola lost $1.70 to $511 per tonne. January-March canola spread traded 3,118 times. Chicago January soyabean futures dipped on improving Argentine crop weather.
NYSE MATIF May rapeseed eased and Malaysian February palm oil edged higher.

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