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Article: Market Talk: Open Interest In Canola Sets New Record.
- Article from:
- Resource News International
- Article date:
- December 4, 2006
CopyrightCOPYRIGHT 2006 Resource News International. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Resource News International
WINNIPEG, MB, Dec 04, 2006 (Resource News International via COMTEX) -- The following is a collection of opinions of traders at the Winnipeg Commodity Exchange and Canadian grain industry representatives.
Open interest in canola futures at the Winnipeg Commodity Exchange (WCE) continues to steadily increase with a new record established during Friday's session.
Total open interest in canola as of Friday, December 1, totalled a record 99,488 contracts. This surpassed the previous record of 98,221 contracts established on March 21, 2001. The January future at 51,961 contracts, accounted for the majority of the open interest, WCE ...