(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Feb 16 (Reuters) - ICE (NYSE:ICE) canola futures gained ground on Tuesday, lifted by surging soyoil prices, and approached all-time highs.
* Canola's gains lagged those of soyoil as some investors took profits, a trader said. "People may be looking at it as overdone," he said.
* Most-active May canola RSK1 gained $8.20 to $709.20 per tonne.
* The nearby March contract rose as high as $741.10, approaching nearby canola's record high price of $744.50 reached in 2008.
* March-May canola spread traded 2,686 times.
* U.S. soybean futures Sv1 rose with a strong U.S. soy-crushing pace and worries about harvest delays in Brazil lending support. GRA/
* Euronext May rapeseed futures /COMK1 rose and Malaysian April palm oil futures /FCPOH1 edged higher.