ICE canola futures limp into new week in lower range

WINNIPEG, Manitoba, Aug 18 (Reuters) - ICE canola futures limped into the new week slightly lower on Monday and within the range that has held since China imposed duties on Canadian canola last Tuesday.

• November canola RSX5 fell $9.20 to $651.70 per metric ton. January RSF6 fell $9.40 to $663.30.

• Reuters reported that Chinese importer COFCO has bought the country's first cargo of Australian canola since 2020.

• Despite the Australian cargo sale to China, Canada's present tight stocks, likely-average new crop about to be harvested, and increasing Canadian biodiesel production and canola crushing capacity means stocks should remain tight through 2025-26, traders said.

• Chicago Board of Trade soybean soyoil futures BOv1 rose. American markets are watching the annual Pro Farmer tour closely for indications of the true size of U.S. crops.

• Euronext rapeseed futures COMc1 rose 0.26%

• Malaysian palm oil futures FCPOc3 rose 0.26% on momentum from good export data last week. POI/

• The Canadian dollar CAD= was little moved. CAD/