ICE canola futures rise with vegoils
WINNIPEG, Manitoba, Sept 16 (Reuters) - ICE canola futures rose on Tuesday as vegoil markets raised all boats.
• November canola RSX5 settled $8.50 higher at $640.80 per metric ton. January RSF6 settled up $7.90 to $652.70.
• Reuters reported Canadian canola meal is being diverted from Chinese terminals to Vietnam, as even heavily discounted it would still be worth more delivered to Vietnam than being used in China, where it would face a 100% tariff.
• Canadian Prime Minister Mark Carney met with Saskatchewan Premier Scott Moe and canola industry representatives to discuss the ongoing trade struggle with Chinese tariffs and duties. Moe said he thought there was an opportunity for a "pragmatic" negotiation with China in the six months that China's temporary tariffs have been extended.
• Chicago Board of Trade soyoil futures BOv1 rose 1.8%.
• Euronext rapeseed futures COMc1 rose 0.64%.
• The Canadian dollar CAD= rose for a second day. CAD/
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