ICE canola nears one-month high on strong soy, weak Canadian dollar
All figures in Canadian dollars unless noted
July 2 (Reuters) -ICE canola futures closed at their highest level in about a month on Tuesday as the Canadian dollar dipped, making Canadian exports more competitive, and soy markets strengthened.
Most-active November canola RSX4 settled up $24 at $651.10 per metric ton.
The Canadian dollar CAD fell about 0.5% against the U.S. dollar.
CBOT November soybeans SX24 ended up 2 cents at $11.13 a bushel. CBOT most active December soyoil BOZ24 finished 0.97 cents higher at $46.72 per pound.
Euronext August rapeseed futures COMQ4 were last up about 1.1%, and Malaysian palm oil FCPOc3 futures were last down 0.5%. POI/
Reporting by Renee Hickman; Editing by Mohammed Safi Shamsi
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