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Canola, Soybean Futures

Posted on: 25/07/10
Canola Futures ending last week (CND/per ton)
Nov 10 - $ 460 down by $0.90
Jan 11 - $ 462.60 down by 0.80
March 11 - $ 460.80 up by 0.80
May 11 - $ 459 down by 0.40
July 11 - $ 456 down by 0.60
Nov 11 - $ 413 down by $ 4.60

Canola contracts on the ICE Futures Canada platform closed lower on Friday, pressured by farmer selling and a lack of significant buying interest.

US soybeans futures on Cbot on Friday
Aug - $ 10.17 per bushel up by 1 cent
Sep - $ 9.91 up by 4 cents
Nov - $ 9.815 up by 2 cents
Jan - $ 9.8975 up by 2 1/4 cents
Mar 11 - $ 9.93 up by 2 cents

November soybeans closed higher for the fourth consecutive day as estimates of Brazil's soybean crop kept some traders on the sidelines. The USDA announced the sale of 170,500 tons of soybeans to China and another 175,000 tons to another buyer.

Indian Soybean futures prices
Aug - US$ 442 per ton (up by 2.96% this week in rupee terms) ; Sep - US$ 445 (up by 2.78%) ; Oct - US$ 443 ; Nov - US$ 443 ; Dec - US$ 445

Indian Refined Soyoil Futures
August - US$ 1030 per ton ; September - US$ 1036 ; October - US$ 1038

International fob prices of Veg Oils
Rbd Palmolien - US$ 810-815 per ton fob Malaysia
Crude Palm Oil - US$ 780 per ton fob Indonesia
Soybean oil - US$ 825-830 per ton fob Argentina

Indian import prices for crude palm oil was at US$ 817 per ton cif while soybean degummed (crude) oil was at US$ 890 per ton cif. Crude sunflower oil was at United States dollars 925 pmt.
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