31/05/2016 (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 session out of five on Monday, tracking competing vegetable oils and supported by a weaker ringgit MYR=.

* Chicago Board of Trade corn futures rose about 1 percent on Friday to the highest level in 10 months on strong export demand and short-covering ahead of a long U.S. holiday weekend, traders said.

* Oil prices inched up toward $50 a barrel on Monday, although uncertainty ahead of an OPEC producer-group meeting later in the week was expected to cap gains.

MARKET NEWS

* Asian shares wobbled in early trade on Tuesday and were on track for a monthly loss, while the dollar edged away from recent peaks scaled on heightened expectations the U.S. Federal Reserve will raise interest rates as soon as next month.

RELATED

> European vegoils-Palm oil firms on weak ringgit ahead of export data

> Russian new wheat export prices up on stronger rouble, benchmarks

> Rabobank bearish on soybeans, corn after supply-risk price surge

> LIVESTOCK-U.S. cattle gain on technicals, grilling demand

> GRAINS-Corn sets 10-month high on export demand, technical buying

DATA/EVENTS

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

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

Palm, soy and crude oil prices at 0044 GMT

Contract Month Last Change Low High Volume

MY PALM OIL JUN6 0 +0.00 0 0 0

MY PALM OIL JUL6 0 +0.00 0 0 0

MY PALM OIL AUG6 0 +0.00 0 0 0

CHINA PALM OLEIN SEP6 5256 +18.00 5208 5326 253172

CHINA SOYOIL SEP6 5978 +36.00 5944 6020 181944

CBOT SOY OIL JUL6 31.6 +1.10 31.46 31.6 1180

INDIA PALM OIL MAY6 537.00 +1.10 536.20 538.4 312

INDIA SOYOIL JUN6 648 -1.35 646.1 652 40650

NYMEX CRUDE JUL6 49.46 +0.13 49.07 49.77 89862

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