ICE Canola Bouncing Bank in Early Trading
I'm PortAI, I can summarize articles.
ICE canola futures rebounded on Monday morning after a week of declines. The March contract rose above C$600 per metric ton, supported by gains in the Chicago soy complex, MATIF rapeseed, and Malaysian palm oil. However, weak exports and the absence of China from the market remained concerns. The Canadian dollar also strengthened. By 9:58 a.m. EST, approximately 22,000 contracts had traded, with prices for January at C$593.40, March at C$605.00, May at C$616.30, and July at C$624.90 per metric ton.
Source: marketscreener The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments