FUNDAMENTALS

* Malaysian palm oil futures erased earlier gains to fall to a two-week low on Thursday evening, weighed down by weaker soyoil prices on the Chicago Board of Trade (CBOT) and as traders took profits ahead of a long weekend.

* U.S. soybean futures hit a six-week high on Friday on stepped-up export demand and uncertainty about the size of the U.S. crop, analysts said.

* Oil prices ended nearly 1 percent higher on Friday, close to their highest levels in months, as major producers meeting in Vienna said they may wait until January before deciding whether to extend output curbs beyond the first quarter.

MARKET NEWS

* U.S. Treasury and gold prices rose while the Japanese yen strengthened on Friday as a fresh exchange of barbs between North Korea and the United States fueled geopolitical concerns.

RELATED

> EU 2017/18 soybean imports down 20 pct, palm oil imports stable

> Soybeans at 6-week high, buoyed by exports, S.America weather

> WTO panel set up on China-USA row on grain import quotas

> Arkansas one step from ban on controversial herbicide next summer

> U.S. corn ethanol producers aim to out-pump competitors

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's Sept 1-20 palm oil export data on Sept 25.

> Cargo surveyor SGS releases Malaysia's Sept 1-20 palm oil export data on Sept 25.