ICE Close: Soyoil Continues to Buoy Canola 


Strength in Chicago soybean oil continued to buoy canola futures on Tuesday.  

Soyoil hit contract highs as that market remained supported by ideas the new US trade deal with India could spur additional export demand. Palm oil was mixed on the day, while European rapeseed was weaker. 

Gains in canola were limited by advances in the Canadian dollar. 

March canola was up $1.60 at $667.30, and November added $1.30 to $675.20. 




Source: DePutter Publishing Ltd.

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