29/01/2013 (Business Recorder) - The European vegetable oils market was mostly firmer on Monday in thin trade due to lack of fresh leads and the absence of direction from Malaysian palm oil futures due to a public holiday.

* "Because of the lack of participation from Asian players most dealers on the European cash market took a bit of a breather with prices for most products tending slightly up without being tested. All in all it was an uninspiring day," one broker said.

* At 1730 GMT CBOT soyoil futures were between 0.24 cents per lb up and 26 cents per lb down as dealers bought soymeal futures and sold oil.

* EU rapeoil were offered between four euros per tonne up and three euros down from Friday, with mostly easier rapeseed futures and a weak dollar weighing on prices.

* Aug/Oct EU rapeoil changed hands at 895 and 894 euros per tonne fob exmill, down four euros from Friday.

* Palm oil was hardly offered and the few quotes seen were between unchanged and $5 a tonne up from Friday, but buyers showed little interest due to the absence of a lead from Malaysian palm oil futures due to a public holiday on Monday. No trades were reported.

* Lauric oils were offered between unchanged and $20 a tonne down from Friday, with both sides of the market suffering from lack of participation due to an Asian public holiday and no direction from Malaysia. Bids were scarce and no deals were reported.