# ICE Review: Canola Hits Three-Month Lows | MarketScreener India

> ICE Futures canola fell on Tuesday to fresh three-month lows, with January canola down C$6.90 at C$781.80 per tonne at the close. Chart-based selling pushed prices lower, with technical signals pointing toward support near C$750. Weakness in Chicago soybeans, European rapeseed and Malaysian palm oil added spillover pressure, while the Western Canada harvest is largely complete.

- Date: 2026-11-03 · published 2026-11-03T21:30:18.026Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/78471-ice-review-canola-hits-three-month-lows-marketscreener-india
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower canola futures reflect routine technical selling and spillover from weaker oilseed complexes rather than a new supply shock. Completed harvest limits farmer selling, so prices may find some support, but canola meal buyers should watch for further weakness.

## Read by commodity

- SBO: neutral
- SOY: bearish ▼
- CANMEAL: bearish ▼
- PALMOIL: bearish ▼

## Sources

- in.marketscreener.com: https://in.marketscreener.com/news/ice-review-canola-hits-three-month-lows-ce785fdedd8ff724

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.