02/02/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures dropped on Friday to the lowest level in a week on slowing exports and as the Malaysian ringgit gained strength.

* U.S. wheat futures closed lower on Monday amid plentiful global inventories and poor export demand for U.S. supplies, traders said.

* U.S. crude fell for a second session in early Asian trade on Tuesday as worries about the economic health of top energy consumer China and rising oil supply weighed on markets.

MARKET NEWS

* Global markets got February off to a cautious start on Monday following a rocky January, with stocks and oil falling in the wake of weak manufacturing reports around the world.

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DATA/EVENTS

> MPOB releases Malaysia's January 2016 data on February 10.

Palm, soy and crude oil prices at 0033 GMT

Contract Month Last Change Low High Volume

MY PALM OIL FEB6 0 +0.00 0 0 0

MY PALM OIL MAR6 0 +0.00 0 0 0

MY PALM OIL APR6 0 +0.00 0 0 0

CHINA PALM OLEIN MAY6 4718 +10.00 4702 4722 184362

CHINA SOYOIL MAY6 5608 +16.00 5592 5610 111882

CBOT SOY OIL MAR6 30.76 +3.40 0.00 0.00 0

INDIA PALM OIL FEB6 448.90 +3.40 446.00 451.00 1559

INDIA SOYOIL FEB6 614.80 +2.85 611.50 616.80 40130

NYMEX CRUDE MAR6 31.36 -0.26 31.25 31.53 4403

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
India soy oil in Indian rupee per 10 kg
Crude in U.S. dollars per barrel