ICE canola futures rise despite slow export pace

WINNIPEG, MANITOBA, Nov 7 (Reuters) - ICE canola futures settled up on Friday and for the week, but couldn't hold on to Monday's gains, as global vegoils saw little movement.

• January futures RSF6 rose $6.30 to $640 per metric ton.

• Canola exports have run far behind last year's hectic pace, when Chinese buyer's were scrambling to bring in Canadian supplies before threatened anti-dumping duties were imposed. Canadian Grain Commission statistics show only about half as much canola being exported so far this crop year.

• CGC statistics show domestic use slightly higher than last year at this time.

• Farmers have become reluctant sellers of canola at present prices, and with many farmers optimistic that China will begin purchasing Canadian canola this winter, marketers said. Cash prices are low but could rebound if China comes back, many think.

• Chicago soyoil BOv1 rose 0.67%. Chicago soybeans Sv1 rose 0.88%. Soymeal SMc1 rose 1.38%. GRA/

• Euronext rapeseed COMc1 rose 0.74%.

• Malaysian palm oil futures FCPOc3 fell for the fourth week in a row, with healthy stocks and slack demand. POI/

• Crude oil CLc1 remained below $60 per barrel Friday following sharp losses Wednesday.

• The Canadian dollar CAD= jumped on much better than expected employment numbers on Friday.