Modulational dynamics of oscillatory travelling rolls in magnetoconvec
tion is studied near the onset of a Hopf bifurcation. Using weakly non
linear analysis, we derive an envelope equation of oscillatory travell
ing rolls in the plane perpendicular to an ambient vertical magnetic f
ield. The envelope equation is the Davey-Stewartson (DS) equation with
complex coefficients, from which we obtain criteria for the modulatio
nal (Benjamin-Feir) instability of oscillatory travelling rolls.