15/06/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures fell on Tuesday, its seventh straight losing session, as bearish palm fundamentals and declining rival oils weighed on the market.

* U.S. corn futures rose 1.5 percent on Tuesday, rallying from early weakness as updated weather forecasts raised the risk of stressful hot and dry conditions in the Midwest crop belt.

* Crude futures fell in early Asian trade on Wednesday as mounting concerns about Britain's possible exit from the European Union and a surprise build in U.S. inventories left investors ignoring the IEA's declaration that the oil market is now in balance.

MARKET NEWS

* Asian shares dipped to near three-week lows while safehaven assets such as U.S. bonds and the yen were in demand on Wednesday on growing anxiety Britain will choose to leave the European Union next week.

RELATED

> China sees slight increase in soybean imports this year - grain official

> India's cotton planting seen falling to 7-yr low -industry group

> Australia raises 2016/17 wheat forecast after autumn rains

> Argentina sees soybean losses of up to 4 mln tonnes due to floods

> IEA sees oil market balance in 2016, surplus to re-emerge next year

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's June 1-15 palm oil export data on June 15.

> Cargo surveyor SGS releases Malaysia's June 1-15 palm oil export data on June 15.

Palm, soy and crude oil prices at 0050 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 5134 -92.00 5128 5176 229382

CHINA SOYOIL SEP6 6060 -50.00 6054 6098 140986

CBOT SOY OIL JUL6 32.52 -4.80 32.42 32.55 805

INDIA PALM OIL JUN6 519.10 -4.80 517.50 522.8 1539

INDIA SOYOIL JUN6 634.2 -4.70 634 637.8 7880

NYMEX CRUDE JUL6 47.81 -0.68 47.72 48.07 8931

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