Dec 13 (Reuters) - ICE (NYSE:ICE) canola futures fell Thursday for a third straight session on chart-based selling and a slow pace of export demand, traders said.
* January canola RSF9 settled down $2.20 at $482.90 per tonne, with stiff resistance noted at the contract's 50-day moving average near $487.90.
* March RSH9 canola ended down $2.30 at $489.50.
* The January-March canola spread traded 5,089 times between $6.20 and $6.90, premium March, ending at $6.60, as commodity funds continued to roll short positions forward.
* Chicago January soybeans SF9 ended down 13 U.S. cents at US$9.07 per bushel as confirmation of a 1.13-million-tonne sale of U.S. soybeans to China failed to impress traders who are shifting their focus to burdensome U.S. and global supplies. February Paris Matif rapeseed futures COMG9 ended flat while Malaysian February palm oil futures 1FCPOG9 rose 0.69 percent.
* The Canadian dollar CAD= was trading at $1.3352 to the U.S. dollar, or 74.90 U.S. cents, at 2:08 p.m. CST (2008 GMT), paring some of the previous day's gains as oil prices fell and the greenback broadly climbed.
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