ICE canola futures rise but stay in range
WINNIPEG, Manitoba, Sept 10 (Reuters) - ICE canola futures rose on Wednesday but stayed within a nearby range at the bottom of a slide beginning in late June.
• November canola RSX5 settled up $8.40 at $628.10 per metric ton. January RSF6 rose $10.70 to $640.70.
• Traders said the main fundamental dynamics in the market now are the unsettled China tariffs situation, the steady progress of the Canadian harvest, and low old-crops stocks.
• Canola futures are at their lowest since April, and more than $130 per ton down from the late June peak over $750.
• Chicago Board of Trade soyoil futures BOv1 rose 0.99%.
• Euronext rapeseed futures COMc1 rose 0.7%
• Malaysian palm oil futures FCPOc3 fell 1.46% on weakness in Asian vegoil markets. POI/
• The Canadian dollar CAD= fell for a second day. CAD/
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