ICE canola futures rise within holding pattern, awaiting news

WINNIPEG, Manitoba - March 25 (Reuters) - ICE canola futures rose Tuesday but didn't break out of a holding pattern that has held since the post-China lows of March 17.

• May canola RSK5 settled up $6.50 at $578.20 per metric ton. July canola rose $6.20 to $588.

• The flatness following the post-China-tariffs announcement is a sign of support at present price levels, traders said, but reveals a market not sure which way to turn.

• "We're really desperate for some kind of new direction in here, whether that's cargoes of business or news on tariffs or anything," said Tony Tryhuk of RBC Dominion Securities.

• Euronext rapeseed COMc1 rose 1.3%, keeping it the strongest vegoil in recent days and lending support to Winnipeg canola.

• Chicago Board of Trade soyoil futures BOv1 rose 0.36%.

• Malaysian palm oil futures FCPOc3 fell 0.54% on weak exports and recent weakness in Chicago and Dalian vegoils. Palm sits at two-month lows. POI/

• The Canadian dollar CAD= rose. CAD/