ICE Review: Canola Ends Lower After Choppy Day

Dow Jones Newswires

WINNIPEG, Manitoba--The ICE Futures canola market settled with small losses, as spillover from declines in the Chicago soy complex countered the supportive influence of a weaker Canadian dollar.

* The March contract traded above C$650 per tonne for the sixth-straight session on Friday, but once again ran into resistance at that chart point to settle slightly lower.

* Losses in the Chicago soy complex accounted for much of the spillover selling pressure in canola. European rapeseed and Malaysian palm oil futures were also weaker.

* The Canadian dollar backed away from the 16-month highs relative to its United States counterpart hit yesterday, losing roughly half a cent. The softer currency underpinned crush margins and made exports more attractive to international buyers.

* Canada exported 241,100 tonnes of canola during the week ended Jan. 19, which was down by 15 per cent from the previous week, reported the Canadian Grain Commission. Crop year-to-date exports of 3.45 million tonnes were 35 per cent behind the year-ago pace.

* There were 53,441 contracts traded on Friday, which compares with Thursday when 30,446 contracts changed hands.

Spreading was a feature, accounting for 39,432 of the contracts traded.

Settlement prices in Canadian dollars per metric tonne.

 
           Price      Change 
Mar       648.00     dn 0.70 
May       659.20     dn 0.40 
Jul       666.60     dn 0.50 
Nov       657.30     dn 0.20

Spread trade prices are in Canadian dollars and the volume represents the number of spreads:

 
Months    Prices                            Volume 
Mar/May   10.40 under to 11.20 under        12,644 
Mar/Jul   18.00 under to 18.60 under           538 
Mar/Nov   8.70 under to 10.10 under            224 
May/Jul   7.10 under to 7.80 under           3,647 
May/Nov   2.30 over to 0.70 over                34 
Jul/Nov   9.70 over to 7.90 over             2,239 
Jul/Jan   1.50 over                            100 
Nov/Jan   7.30 under to 8.00 under             259 
Jan/Mar   5.20 under to 5.90 under              31

Source: Commodity News Service Canada, news@marketsfarm.com

風險提示及免責條款

市場有風險，投資需謹慎。本文內容僅供參考，不構成個人投資建議，也未考慮到某些用戶特殊的投資目標、財務狀況或其他需要。據此投資，責任自負。

風險披露

交易股票、貨幣、商品、期貨、債券、基金等金融工具或加密貨幣屬高風險行為，這些風險包括損失您的部分或全部投資金額，所以交易並非適合所有投資者。

做出任何財務決定時，應該進行自己的盡職調查，運用自己的判斷力，並諮詢合格的顧問。本網站的內容並非直接針對您，我們也未考慮您的財務狀況或需求。本網站所含資訊不一定是即時提供的，也不一定是準確的。本站提供的價格可能由造市商而非交易所提供。您做出的任何交易或其他財務決定均應完全由您負責，並且您不得依賴通過網站提供的任何資訊。我們不對網站中的任何資訊提供任何保證，並且對因使用網站中的任何資訊而可能造成的任何交易損失不承擔任何責任。

未經本站書面許可，禁止使用、儲存、複製、展現、修改、傳播或分發本網站所含數據。提供本網站所含數據的供應商及交易所保留其所有知識產權。

最近搜索

熱門搜尋

行情

分析

使用者

快訊

財經日曆

學習

數據

ICE Review: Canola Ends Lower After Choppy Day

風險披露