22/07/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures extended gains on Thursday, climbing to the highest in more than two weeks with prices underpinned by strong demand of the vegetable oil.

* U.S. corn futures fell for the third day in a row on Thursday, with good weather for crop development in the U.S. Midwest and poor exports pushing prices to their lowest in nearly two years.

* Oil prices fell 2 percent on Thursday, as the market took a closer look at U.S. government data that showed growing inventories of gasoline and other oil products pushed total petroleum supplies in the No. 1 oil consumer to record highs.

MARKET NEWS

* Asian stocks dipped early on Friday after weak corporate results halted Wall Street's record run overnight, while the yen held to large gains made after the Bank of Japan's governor downplayed the need for "helicopter money" monetary policies.

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> S.Korea's Agro-Fisheries buys 20,000 T soybeans from U.S., Canada

> Pakistani importers bought Brazilian soybeans, Canadian canola

Palm, soy and crude oil prices at 0050 GMT

Contract Month Last Change Low High Volume

MY PALM OIL AUG6 0 +0.00 0 0 0

MY PALM OIL SEP6 0 +0.00 0 0 0

MY PALM OIL OCT6 0 +0.00 0 0 0

CHINA PALM OLEIN JAN7 5082 -18.00 5048 5106 263484

CHINA SOYOIL JAN7 6284 -26.00 6260 6318 229922

CBOT SOY OIL DEC6 31.7 +5.00 31.66 31.82 996

INDIA PALM OIL JUL6 525.00 +5.00 519.00 525 1504

INDIA SOYOIL AUG6 646.65 +1.80 642.7 647 56280

NYMEX CRUDE SEP6 44.73 -0.02 44.59 44.77 5925

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