27/03/2015 (Reuters) - Palm oil prices were higher on Thursday in European trading with the market boosted by a sharp rise in crude oil, driven by conflict in the Middle East.

RBD palm olein for July/September shipment traded up to $609.00 per tonne, fob Malaysia, up $9.00 from Wednesday, while asking prices for palm oil products were also generally higher.

CBOT soybean oil prices also advanced, with May up 0.6 percent at 31.23 cents a lb at 1805 GMT.

Dealers said higher crude oil prices could benefit the biodiesel industry. Both soybean oil and palm oil are used to produce biodiesel.

The upside for palm oil continued to be capped, however, by large stocks.

"Palm oil stocks remain at comfortable levels as the production cycle moves to a seasonal high," Rabobank said in a market update on Thursday. EUROPEAN VEG OILS TRADES CIF Rotterdam unless otherwise stated - - - - - - - - - - - - - - - - - - - - - - March 26, 2015 - 1700 GMT RAPEOIL Dutch/EU euro tonne fob exmill

May/Jul 675, Nov/Jan 682/680 PALM OLEIN RBD dlrs tonne fob Malaysia

Jul/Sep 606/608/609 COCONUT OIL Phil/Indo dlrs tonne

Mar/Apr 1065