29/06/2017 (The Times of India) - ROTTERDAM, June 29 (Reuters) - Palm oil on the European vegetable oils market was firmer on Thursday, helped by positioning ahead of USDA data on Friday and gains in Malaysian palm oil futures, which tracked strength in rival soyoil.

Asking prices for palm oil were between flat and $7.50 a tonne higher, also supported by dollar weakness, after Malaysian palm oil futures closed between 23 and 32 ringgit per tonne up.

"Technical buying in CBOT soycomplex futures triggered gains in other products on the European cash market with business picking up a bit," one broker said.

At 1630 GMT, CBOT soyoil futures were between 0.17 and 0.41 cents per lb higher on technical buying and position-squaring ahead of Friday's USDA stocks and acreage reports.

EU rapeoil was mostly quoted between flat and two euros per tonne higher, tracking the stronger tone in Chicago soyoil futures, but gains were limited by a weaker dollar, which weighs on euro-priced products.

Lauric oils were quoted between unchanged and $50 a tonne down from Wednesday as sellers lowered prices to attract buyers. EUROPEAN VEG OILS TRADES

PALM OLEIN RBD, dollars a tonne fob Malaysia Oct/Dec 597.50/602 (+9.50) Jan/Mar 607/610 (+3)

CRUDE PALM OIL, Sumatra/Malaysia sellers option dollars a tonne Apr/Jun 650

RAPEOIL Dutch/EU, euros a tonne fob exmill Nov/Jan 712/713 (+3) Feb/Apr 709 (+1) May/Jul 709

COCONUT OIL Phil/Indo, dollars a tonne cif Rotterdam Jul/Aug 1640 Aug/Sep 1525

PALMKERNEL OIL Mal/Indo, dollars a tonne cif Rotterdam Jul/Aug switched into Sep/Oct+$15 Aug/Sep 930 Oct/Nov 915 (-10) (Reporting by Karel Luimes; Editing by Mark Potter)