KUALA LUMPUR (Dow Jones)--Asian cash palm oil prices were weakerMonday, including the Malaysian market, though declines were small,despite sharp losses in soyoil futures.Bearish weather conditions dragged down soyoil futures at the ChicagoBoard of Trade Friday, with December soyoil ending 113 points lower.The weaker soyoil and persistent concerns over rising palm oilproduction weighed on prices.However, the market only fell slightly.Traders said recent keen buying interest from major consumers likeIndia and China was helping to support prices."Certainly, production is improving. But demand is also very strong aswell, and that demand is what is keeping the market steady," a tradersaid.Palm oil production is currently in its strongest period of the year.Slow exports in the first half of the year had prompted industryanalysts like private surveyor Palmis Management Bhd to warn that stocksmay swell to a burdensome level of more than 1.5 million metric tons laterthis year.However, recently there have been indications that demand is on therise again.Cargo surveyor Intertek Testing Services estimated Saturday a 14% risein July Malaysian palm oil exports to 1.1 million tons.Another surveyor, SGS (Malaysia) Bhd, released its figures Monday andalso estimated July exports around 1.1 million tons.Disappointing oilseeds-growing weather conditions in India hadprompted a wave of buying interest last month.The Indian buying has subsided in tandem with a revival of rains lastweek. But palm oil prices have held firm, as there has been fresh buyingfrom China, another major palm oil consumer, in recent days.A rise in domestic selling prices and declining stock levels spurredthe buying interest from China.Traders said demand from China also typically strengthens at this timeof the year, ahead of important festivals and holidays in September andOctober.However, it is uncertain whether the interest from China is merelyseasonal or could be sustained for the longer term.In the cash market, CPO for August shipment was offered at 1,460ringgit ($1=MYR3.8) a ton, down MYR5 from Friday, delivered basis in SouthMalaysia.RBD palm olein for August shipment was offered at $417.50/ton, down $5from Friday.RBD palm oil for August shipment was at $407.50/ton, also down $5.In Indonesia, RBD palm olein in Jakarta was offered at 4,275 rupiah($1=IDR9,160) a kilogram, down IDR25 from Friday.There were no offers for CPO in Medan so far as participants wait forthe next auction, traders said.The government is due to hold its semiweekly auction of palm oilTuesday.