Feb 26 (Reuters) - ICE (NYSE:ICE) canola futures tumbled on Tuesday for a third straight session, with the front five months hitting contract lows on technical selling and fears of slowing export demand from China, traders said.
* Market pressured in part by ideas that a resolution to the U.S.-China trade row could boost Chinese demand for U.S. soy at the expense of Canadian canola.
* March canola RSH9 settled down $3.20 at $467.60 per tonne after posting a contract low at $465.80.
* Most-active May canola RSK9 fell $3.10 to settle at $474.80 per tonne after hitting a contract low at $473.20.
* The March-May canola spread RSH9-K9 traded 4,914 times between $6.40 and $7.90 and settling at $7.20, premium May.
* Chicago May soybeans SK9 settled down 8 U.S. cents at US$9.17 per bushel on seasonal pressure from the ongoing Brazilian soy harvest and a lack of confirmation of fresh U.S. soy sales to China. Paris Matif May rapeseed futures COMK9 fell 0.76 percent and Malaysian May palm oil futures 1FCPOK9 fell 1.36 percent.
* The Canadian dollar CAD= was trading at $1.3164 to the U.S. dollar, or 75.96 U.S. cents at 1:44 p.m. CST (1944 GMT). CAD/