29/02/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures were headed for a second session of gains on Friday on the back of a weaker ringgit, but the benchmark contract was still set for a weekly fall of around 2 percent.

* U.S. soybean futures fell on Friday, with the nearby contract touching its lowest level in more than 10 weeks, under pressure from hefty global supplies, while soybean meal futures

approached a six-year low.

* Oil prices fell on Friday as investors cashed out big weekly profits after a rally driven by disruptions to crude supplies and Wall Street's gains from U.S. economic data.

MARKET NEWS

* Asian stocks were off to a cautious start on Monday after a weekend meeting of the Group of 20 economic policymakers ended with no new coordinated action to spur global growth and as solid U.S. data revived expectation of a U.S. rate hike before year-end.

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DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's Feb 1-29 palm oil export data on Feb 29.

Palm, soy and crude oil prices at 0115 GMT

Contract Month Last Change Low High Volume

MY PALM OIL MAR6 0 +0.00 0 0 0

MY PALM OIL APR6 0 +0.00 0 0 0

MY PALM OIL MAY6 0 +0.00 0 0 0

CHINA PALM OLEIN MAY6 4912 -4.00 4904 4946 359202

CHINA SOYOIL MAY6 5638 -12.00 5634 5682 126992

CBOT SOY OIL MAY6 31.13 +2.70 31.10 31.25 727

INDIA PALM OIL FEB6 482.80 +2.70 480.30 483.30 1016

INDIA SOYOIL MAR6 620.70 +5.20 616.10 623.00 30230

NYMEX CRUDE APR6 32.87 +0.09 32.53 32.98 8790

Palm oil prices in Malaysian ringgit per tonne
CBOT soy oil in U.S. cents per pound
Dalian soy oil and RBD palm olein in Chinese yuan per tonne
India soy oil in Indian rupee per 10 kg
Crude in U.S. dollars per barrel