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Tuesday, August 16, 2022

ICE canola futures gain

WINNIPEG, (Manitoba): ICE canola futures rose on Monday, boosted by strong palm oil prices and thin Canadian supplies due to drought.

Canola is also underpinned by limited selling, as investors are hesitant to take short positions after a small Canadian harvest, an analyst said. Nearby November canola gained $4 to $907.10 per tonne.

ICE canola futures gain

Source: Brecorder

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