WINNIPEG, Manitoba, Dec 18 (Reuters) - ICE (NYSE:ICE) canola futures rose on Tuesday for a second straight day, lifted by stronger U.S. soy markets and continued weakness in the Canadian dollar.
* Short-covering added support, but the market looked weak going forward with no fundamental reason for support, a trader said.
* January canola RSF9 gained $1.90 to $480.30.
* March canola RSH9 added $2.90 to $488.40.
* January-March spread volume was a brisk 8,363 trades, as traders moved positions forward ahead of the January contract's expiry on Jan. 14.
* Chicago January soybeans SF9 rose as China bought more U.S. soybeans. February Paris Matif rapeseed futures /COMG9 eased and Malaysian March palm oil futures /1FCPOH9 gained.
* The Canadian dollar CAD= was trading at $1.3469 to the U.S. dollar, or 74.24 U.S. cents at 1:21 p.m. CST (1921 GMT).