ICE Canadian canola futures eased on Wednesday on spillover pressure from rival oilseeds, trading in thin volumes.
The session was a "weird day," a trader said. Weakness in soyaoil and palm should have pressured canola more, but the market had little direction, with both funds and farmers on the sidelines.
Most-active January canola dipped 30 cents to $461.80 per tonne.
January-March canola spread traded 1,858 times.
Chicago soyabean futures declined after a report that US-China talks had hit a snag over farm purchases.
Euronext February rapeseed futures edged higher and Malaysian January palm oil futures dropped.
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