Аналитика цен по регионам на 24.04.2024
16:15 — Внутренний рынок
00:20, 24.03.2015 — Новости
автор: OilWorld.Ru

ICE Canola Makes Gains But Lagging Chicago Soy


WINNIPEG, MB, March 23, 2015

Canola contracts on the ICE Futures Canada platform were stronger at 10:45 CST Monday, buoyed by advances in the US soy complex.

Malaysian palm oil and European rapeseed futures were also stronger which supported canola.

More technical buying could happen later today, suggested an analyst, who said the canola market was lagging the Chicago soy complex.

However, canola is still being pushed by some traders who were caught in long positions, suggested the analyst.

"Canola is a thin market so they love to push it, that's how they make profits. But the problem is when they try to get out it's still a thin market and they will push it against themselves," said the trader.

The Canadian dollar was stronger against its US counterpart which was bearish for prices.

Around 8,000 contracts had traded as of 10:45 CST, Monday.

Milling wheat, durum and barley were all untraded and unchanged.

Prices in Canadian dollars per metric ton at 10:45 CST:

                          Price      Change
Canola            May     463.00    up  2.00
                  Jul     460.30    up  2.60
                  Nov     447.20    up  2.30
Milling Wheat     May     245.00      unch
                  Jul     246.00      unch
Durum             May     323.00      unch
                  Jul     313.00      unch
Barley            May     196.00      unch
                  Jul     196.00      unch

 

Dave Sims, Commodity News Service Canada

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Аналитика цен по регионам на 24.04.2024
16:15 — Внутренний рынок
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