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ICE canola futures pulled back in the week ended November 26 after gaining about $50 per ton during November. Weakness in palm oil and European rapeseed weighed on prices, while India's cut in crude palm oil import duties offered some support.
Routine futures movement with mixed vegetable oil signals; India's lower palm oil duty could boost import demand and support vegetable oil and canola values.
manitobacooperator.caMarlo GlassDec 3, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
