28/12/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures rose for a fourth consecutive day, as traders expected improving Chinese demand and lower December production.

* U.S. soybean futures touched a one-week low on Thursday as expectations for beneficial rains in top exporter Brazil overshadowed stronger-than-expected U.S. export sales.

* Oil prices fell on Monday after the long Christmas weekend, with U.S. crudes defending a newly gained premium over internationally traded Brent contracts.

MARKET NEWS

* Oil prices gained for a fourth straight day on Thursday, while equity markets were quiet headed into the Christmas holiday.

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DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's Dec 1-31 palm oil export data on December 31.

> Cargo surveyor SGS releases Malaysia's Dec 1-31 palm oil export data on December 31.

Palm, soy and crude oil prices at 0034 GMT

Contract Month Last Change Low High Volume

MY PALM OIL JAN6 0 +0.00 0 0 0

MY PALM OIL FEB6 0 +0.00 0 0 0

MY PALM OIL MAR6 0 +0.00 0 0 0

CHINA PALM OLEIN MAY6 4740 +34.00 4724 4748 157370

CHINA SOYOIL MAY6 5642 +14.00 5628 5654 86452

CBOT SOY OIL MAR6 31.10 -0.10 0.00 0.00 0

INDIA PALM OIL DEC5 403.10 -0.10 402.00 405.20 329

INDIA SOYOIL JAN6 623.90 +4.05 620.10 624.00 12580

NYMEX CRUDE FEB6 37.93 -0.17 37.86 38.09 2603