ICE Canadian canola futures rose on Tuesday on higher soyabean and soyabean oil prices. There was good two-way trade, a trader said, adding volumes and spreading were moderate. Soyabeans rallied in the close and canola followed. May-July canola spread traded 2,740 times, while the July-Nov canola spread narrowed to 1,640. US May soyabean futures and May soybean oil rose. Euronext May rapeseed futures and Malaysian May palm oil futures were up.
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