17/04/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday.

FUNDAMENTALS

* Malaysian palm oil futures extended gains to hit their highest in three weeks on Wednesday after better-than-expected economic data from China soothed fears about slowing demand from the world's second-largest consumer of the tropical oil.
* U.S. soybean futures rallied for the third day in a row on Wednesday to reach a nine-month high, drawing strength from data released earlier in the week that showed appetite for the oilseed remained strong at domestic crushers, traders said.
* Brent crude rose toward $110 a barrel on Wednesday on mounting tensions in Ukraine, while prices for U.S. oil were nearly unchanged after a report showed a huge build in stockpiles, which canceled out geopolitical concerns.

MARKET NEWS
* Global equity markets advanced broadly on Wednesday after China reported growth that beat expectations, providing relief to investors worried about the Chinese economy, while the dollar eased on the growing view the Federal Reserve will keep interest rates lower than normal for a few years.MKTS/GLOB]
* Commodities had the best quarter in 18 months as trading for March ended on Monday, with weather and economic growth likely to determine if gas, gold, grains, lean hogs and coffee continue going higher and draw money into the space.

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DATA/EVENTS
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Palm, soy and crude oil prices at 0016 GMT

Contract Month Last Change Low High Volume

MY PALM OIL MAY4 0 +0.00 0 0 0
MY PALM OIL JUN4 0 +0.00 0 0 0
MY PALM OIL JUL4 0 +0.00 0 0 0
CHINA PALM OLEIN SEP4 0 +0.00 0 0 0
CHINA SOYOIL SEP4 0 +0.00 0 0 0
CBOT SOY OIL MAY4 43.69 -0.02 43.65 43.70 204
NYMEX CRUDE MAY4 103.93 +0.17 103.77 103.93 609

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
Crude in U.S. dollars per barrel