WINNIPEG, Manitoba, Oct 30 (Reuters) - ICE (NYSE:ICE) canola futures dipped on Tuesday, pressured by technical selling and weaker U.S. soybean prices.
* Funds, which follow technical indicators, sold an estimated 2,000 contracts, adding to their net short position, a trader said.
* November canola RSX8 lost 70 cents at $481.20 per tonne.
* Most-active January canola RSF9 shed $1.60 to $488.60.
* The November-January canola spread traded 4,619 times, as investors rolled positions forward ahead of the November contract's expiry.
* Chicago November soybeans SX8 slipped on selling related to a large U.S. harvest. February Paris Matif rapeseed futures /COMG9 eased and Malaysian December palm oil futures /1FCPOX8 dipped.
* The Canadian dollar CAD= was trading at $1.3143 to the U.S. dollar, or 76.09 U.S. cents at 1:10 p.m. CDT (1810 GMT).