MARKET DEVELOPMENT
Canadian canola futures rise
Canadian canola futures rise
Business Recorder (30/04/2020) - ICE Canadian canola futures rose on Tuesday even as soyabean prices fell.
It was a quiet day, but canola continued to hold very steady despite outside pressures, including a firm Canadian dollar and weaker soyabean oil and meal prices, a trader said.
Most-active July canola gained $0.60 to $461.70 per tonne.
May-July canola spread traded 3,960 times.
US soyabean futures fell on Tuesday as traders squared positions at month-end.
Euronext August rapeseed futures and Malaysian July palm oil futures rose.
Read more at https://www.brecorder.com/2020/04/30/593360/canadian-canola-futures-rise/