ICE Review: Vegetable Oils Weakness Erodes Canola's Increases

MorningStar
2025.11.20 20:30
portai
I'm PortAI, I can summarize articles.

Canola futures on the Intercontinental Exchange remained mostly unchanged on Thursday, unable to sustain earlier gains due to pressure from losses in the Chicago soy complex and Malaysian palm oil. The January canola contract stayed above its 20- and 50-day moving averages. The Canadian dollar weakened, and trading volume decreased compared to the previous day. Prices for various contracts showed minor changes, with some spreads narrowing.

Source: MorningStar The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.