08/03/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures jumped on Monday to their highest in a week, tracking gains in rival soyoil, although firmness in ringgit capped the upside.

* U.S. corn, soybean and wheat futures rose for the fourth day in a row on Monday, supported by a round of short-covering after regulatory data released on Friday afternoon showed that speculators had built the biggest net short on record in all three commodities.

* Global oil markets jumped more than 5 percent on Monday, with Brent hitting a 2016 peak above $40 a barrel, after Ecuador said it was holding a meeting of Latin American crude producers as OPEC sought a higher anchor price for oil.

MARKET NEWS

* Asian shares inched higher on Tuesday after global oil prices soared to three-month highs on growing hopes of more coordinated measures from oil-producing countries to stem tumbling prices.

RELATED

> FOB Gulf Grain-Corn premiums slide as CIF basis falls

> U.S. Cash Grains-Bids mostly steady/lower after farmer sales

> European feeds-Soymeal up with short-covering, weaker dollar

> Heavy rain seen for U.S. Delta wheat belt; part of Plains to stay dry

> England rapeseed area could be lowest since 2009-AHDB

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's March 1-10 palm oil export data on March 10.

> Cargo surveyor SGS releases Malaysia's March 1-10 palm oil export data on March 10.

Palm, soy and crude oil prices at 0043 GMT

Contract Month Last Change Low High Volume

MY PALM OIL MAR6 0 +0.00 0 0 0

MY PALM OIL APR6 0 +0.00 0 0 0

MY PALM OIL MAY6 0 +0.00 0 0 0

CHINA PALM OLEIN MAY6 5150 +60.00 5090 5184 680330

CHINA SOYOIL MAY6 5724 +14.00 5692 5756 250494

CBOT SOY OIL MAY6 31.17 +2.70 0.00 0.00 0

INDIA PALM OIL MAR6 488.50 +2.70 487.60 492.90 1130

INDIA SOYOIL MAR6 607.55 +2.20 607.40 611.00 6430

NYMEX CRUDE APR6 37.82 -0.08 37.81 37.99 4047

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