Feb 27 (Reuters) - ICE (NYSE:ICE) canola futures fell for a fourth straight session on Wednesday, with the front three months recording life-of-contract lows on technical selling coupled with poor export prospects and ample domestic supplies, traders said.
* China has been absent from the market, and traders fear that a U.S.-China trade pact could limit Chinese demand for Canadian agricultural products.
* March canola RSH9 settled down $1.90 at $465.70 per tonne after setting a contract low at $464.60.
* Most-active May canola RSK9 ended down $1.60 at $473.20 per tonne after dipping to $472.00.
* March-May canola spread traded 2,752 times between $6.20 and $7.90, premium May and settled at $7.50.
* Chicago May soybeans SK9 settled down 1/4 U.S. cent at US$9.16-3/4 a bushel as traders parsed comments from a U.S. official who said that purchase promises were not enough to solve the U.S.-China trade dispute. Paris Matif May rapeseed futures COMK9 rose 0.35 percent while Malaysian May palm oil futures 1FCPOK9 fell 2.34 percent.
* The Canadian dollar CAD= was trading at $1.3148 to the U.S. dollar, or 76.06 U.S. cents at 2:49 p.m. CST (2049 GMT). CAD/