CHICAGO, March 25 (Reuters) - ICE (NYSE:ICE) Canada canola futures firmed on Monday on a round of technical buying and expectations that recent declines could spark some fresh export demand, traders said.
* Concerns about a trade dispute with China halting exports to the top market for canola pushed the front-month contract RSc1 to its lowest since Aug. 31, 2016, on a continuous basis overnight.
* The low prices likely boosted interest from some alternative overseas buyers, a trader said.
* But the market rebounded, with short-covering also a feature.
* Prices still remained well below Friday's peak despite the higher close.
* May canola futures RSK9 ended $2.80 higher at $456.70 per tonne.
* July canola RSN9 was up $2.70 at $465.20.
* Chicago May soybeans SK9 finished 2-3/4 U.S. cents higher at US$9.06-1/2 per bushel.
* The Canadian dollar weakened to its lowest since March 8 against the U.S. greenback as investors worried about slower growth prospects for the domestic and global economies. CAD/
* Malaysian May palm oil futures 1FCPOK9 dropped 1.22 percent.