Winnipeg, MB, Oct. 30, 2014
ICE Futures Canada canola market moved sharply higher for the fourth-straight session on Thursday, recovering from earlier profit-taking declines as the path of least resistance appears to be pointed up for the time being.
Canola has rallied for most of the past week and was thought to be due for a correction from a chart standpoint. Losses in CBOT soybeans did put some spillover pressure on canola to start the day. An increase in farmer selling, as producers take advantage of the recent strength in the market, contributed to the early declines.
However, the nearby technical bias has shifted to the upside for canola, which made the losses a good buying opportunity. Solid end user demand, especially from domestic crushers, helped give canola a boost as well, according to participants.
About 30,500 canola contracts were traded on Thursday, which compares with Wednesday when 32,146 contracts changed hands. Spreading accounted for 17,158 of the contracts traded.
Milling wheat, durum, and barley were all untraded.
Settlement prices are in Canadian dollars per metric ton.
Price Change Canola Nov 451.60 up 7.20 Jan 434.60 up 3.10 Mar 433.20 up 1.70 Milling Wheat Dec 227.00 unch Mar 233.00 unch Durum Dec 356.50 unch Mar 357.50 unch Barley Dec 140.00 unch Mar 143.00 unch
Commodity News Service
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
29150.00 | + 700 | 29160.00 | + 660 |
ПФО |
27950.00 | + 300 | 28050.00 | + 50 |
СКФО |
28700.00 | + 500 | 28950.00 | - 50 |
ЮФО |
28150.00 | - 200 | 28950.00 | - 50 |
СФО |
28400.00 | - 100 | 28300.00 | - 200 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
71000.00 | + 850 | 73250.00 | + 1380 |
ЮФО |
69800.00 | + 200 | 74000.00 | + 3500 |
ПФО |
71000.00 | + 1450 | 73000.00 | + 2950 |
СФО |
72000.00 | + 1800 | 75000.00 | + 4500 |
Обсуждение