ICE canola futures fall with soyoil weakness

WINNIPEG, Manitoba, Oct 21 (Reuters) - ICE canola futures slipped on Tuesday with weakness in soyoil, despite benefiting from a stronger loonie.

• January canola RSF6 settled down $0.10 at $630.10 per metric ton. November, which has declining volume in the liquidation phase, rose $0.20 to $615.60.

• The session saw another day of little direction, with no significant news sending prices either way, traders said. Soyoil weakness was counterbalanced by a weaker Canadian dollar.

• Volume and open interest continue to disappear from the November contract as it nears expiry. January dominates volume and open interest now.

• Chicago Board of Trade soyoil futures BOv1 fell 1.29% as profit-taking on soybeans Sv1 knocked soyoil too. GRA/

• Euronext rapeseed futures COMc1 rose 0.22%.

• Malaysian palm oil futures FCPOc3 fell 0.18%. POI/

• The Canadian dollar CAD= rose on the spread between Canadian and U.S. bond yields narrowing and fresh inflation numbers. CAD/