05/12/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.
   
FUNDAMENTALS
*  Malaysian palm oil futures fell in rangebound trade on Thursday as crude price volatility kept investors on edge, although optimism that cheaper palm prices would attract buying interest limited losses.
* Soybean and corn futures rose on Thursday on an export report that showed recent price declines have sparked strong overseas demand for U.S. commodities, traders said.
* Oil ended lower on Thursday as the debate over pricing continued after Saudi Arabia announced deep discounts for the crude it sells Asian and U.S. buyers in an apparent attempt to defend market share.
   
MARKET NEWS
* Asian shares edged higher in early trade on Friday, while the dollar marked time ahead of the key U.S. jobs report later in the session that could help it retake ground lost to the euro overnight.
   
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> China 2014/15 soy imports seen up 4.5 pct at 73.5 mln T-chamber

DATA/EVENTS
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance to release data on Malaysia's Dec. 1-10 palm oil exports on Dec. 10.
> Industry regulator the Malaysian Palm Oil Board (MPOB) to release data on Malaysia's end-November palm oil stocks, exports and production on Dec. 10.
   
   
  Palm, soy and crude oil prices at 0054 GMT
                                                                     
  Contract        Month    Last   Change     Low    High  Volume
  MY PALM OIL      DEC4       0    +0.00       0       0       0
  MY PALM OIL      JAN5       0    +0.00       0       0       0
  MY PALM OIL      FEB5       0    +0.00       0       0       0
  CHINA PALM OLEIN MAY5    5022   -32.00    5012    5048  729070
  CHINA SOYOIL     MAY5       0    +0.00       0       0       0
  CBOT SOY OIL     JAN5   31.66    -3.50    0.00    0.00       0
  INDIA PALM OIL   DEC4  431.50    -3.50  429.20  435.50    1315
  INDIA SOYOIL     DEC4  569.70    -4.15  569.00  575.60   23455
  NYMEX CRUDE      JAN5   66.67    -0.14   66.62   66.83     710