ICE canola futures finish upward week with flat Friday
WINNIPEG, Manitoba, July 4 (Reuters) - ICE canola futures ended up for the week but near flat on Friday, with U.S. markets closed for a holiday.
• Monday and Wednesday saw big gains, following the lead of Chicago soyoil, with Tuesday's Canada Day holiday seeing the Winnipeg market closed.
• November canola RSX5 settled up 20 cents at $719.70 per metric ton. January RSF6 settled flat at $727.40. Volume was light.
• Traders said the political wrangling over the One Big Beautiful Bill did not have a major impact on the canola market over the week, despite containing biofuel provisions.
• American markets were closed for the Fourth of July holiday.
• Euronext August rapeseed futures COMQ5 rose 0.98%.
• Malaysian palm oil futures FCPOc3 fell 0.68%. POI/
• Crude oil CLc1 weakened.
• The Canadian dollar CAD= edged lower. CAD/
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