06/05/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures reversed their losses from earlier trade on Thursday, rising to a one-week high as the ringgit MYR= weakened against the dollar to breach the 4.00 mark in the evening.

* U.S. corn and soybean futures fell on Thursday, with soy dropping 2 percent, on profit-taking by investment funds looking to lock in gains from recent rallies.

* Oil prices surged on Thursday after a raging wildfire near Canada's oil sands region curbed output that mainly flows to the United States, before settling off their highs as a rebounding dollar and a huge U.S. stockpile build cut into gains.

MARKET NEWS

* U.S. stocks ended steady on Thursday as a mixed quarterly earnings season winds down, but Treasury yields fell to two week lows as investors hedged positions ahead of the monthly U.S. government employment report due on Friday.

RELATED

> PREVIEW-Malaysia's April palm oil stocks to hit 14-month low

> India regulator says no to futures trading in new commodities

> China corn reserves eyed as crop area to fall for 1st time in 13 years

> EXCLUSIVE-Shift in Saudi oil thinking deepens OPEC split

> Hits to Americas oil output show global glut not invincible

DATA/EVENTS

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

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

Palm, soy and crude oil prices at 0021 GMT

Contract Month Last Change Low High Volume

MY PALM OIL MAY6 0 +0.00 0 0 0

MY PALM OIL JUN6 0 +0.00 0 0 0

MY PALM OIL JUL6 0 +0.00 0 0 0

CHINA PALM OLEIN SEP6 5358 -116.0 5340 5502 530640 0

CHINA SOYOIL SEP6 6132 -54.00 6112 6234 383718

CBOT SOY OIL JUL6 32.06 +0.10 32.05 32.25 1464

INDIA PALM OIL MAY6 551.80 +0.10 549.10 555.9 3195

INDIA SOYOIL MAY6 641.8 -4.50 641.7 649.7 20480

NYMEX CRUDE JUN6 44.30 -0.02 44.25 44.59 6330

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