17/03/2017 (Reuters) - Palm oil on the European vegetable oils market rose on Thursday on concerns that an El Nino weather pattern could return this year, which would cause dryness and cut palm fruit yields.

A stronger ringgit also underpinned prices.

Asking prices for palm oil were between $37.50 and $7.50 a tonne up after Malaysian palm oil futures closed between 20 and 56 ringgit per tonne higher, driven by improving exports and lowered production forecasts and despite a strengthening ringgit, which typically weighs on prices.

A stronger ringgit makes palm oil more expensive for foreign currency holders and usually lowers demand.

"Concerns that El Nino will cut output caused a shift in sentiment to bullish in Asian products and it seems some buyers are confident we have hit a bottom," one broker said.

At 1730 GMT CBOT soyoil futures were between 0.13 cents per lb down and 0.29 cents up supported by a technical bounce in Chicago soybeans following recent losses, while technical selling in soyoil futures and easier energy markets limited gains.

EU rapeoil was offered between five and 10 euros per tonne down, following the weaker trend in rapeseed futures, because of technicals and due to a brighter supply outlook. A weaker dollar also weighed on euro-priced products.

Lauric oils were offered between $5 and $35 a tonne up from Wednesday, tracking stronger palm oil and because of the firmer ringgit. Worries over a new El Nino pattern also underpinned prices. EUROPEAN VEG OILS TRADES

PALM OLEIN RBD, dollars a tonne fob Malaysia Apr 720/725 May/Jun675/687.50 Jul/Sep 630/640 Oct/Dec 617.50/625

CRUDE PALM OIL, Sumatra/Malaysia sellers option dollars a tonne cif Rotterdam Mar 770 May 717.50/710 Jul/Sep 667.50

RAPEOIL Dutch/EU, euros a tonne fob exmill May/Jul 775 (-7) Aug/Oct 741/737

SUNOIL EU, dollars a tonne extank six ports sellers option Jul/Sep 792.50

COCONUT OIL Phil/Indo, dollars a tonne cif Rotterdam Apr/May 1535