19/01/2015 (Reuters) - Rapeoil on the European vegetable oils market traded at slightly higher levels on Friday, boosted partly by a weakening in the euro to an 11-year low against the dollar. Dutch/EU rapeoil trade included February at 670 euros, up 1 euro, while February-April saw trade at 669 euros, up 2 euros.

Brokers said traded volumes were modest while higher CBOT soyaoil futures were also supportive. CBOT March soyaoil was up 0.6 percent at 33.19 cents a lb at 1742 GMT. Palm oil was generally lower, however, with recent weakness in crude oil and slack demand weighing on values.

Malaysian palm oil futures fell to their lowest in more than a week as volatile crude oil prices and lacklustre export demand dampened buying interest in the tropical oil. RBD palm olein for April/June shipment saw traded levels decline for most of the day and finished around $15 down on the day.