11/05/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian benchmark palm oil futures rose for a second consecutive day as the ringgit MYR= weakened and stockpiles declined in the world's second largest palm producer.

* U.S. soybean futures surged more than 5 percent to their highest level in 18 months on Tuesday after the U.S. Department of Agriculture forecast that domestic stocks would fall more than most analysts expect by the end of the 2016/17 marketing year.

* Brent jumped 4 percent on Tuesday while U.S. crude settled up more than 2 percent, after a late burst of buying driven in part by expectations that record U.S. crude inventories would not swell by as much as they have in recent weeks.

MARKET NEWS

* Stock markets around the world rallied on Tuesday, helped by solid corporate earnings reports and higher oil prices supporting energy shares, while the yen again retreated sharply against the dollar.

RELATED

> Malaysia's May 1-10 palm oil exports rose 32.3 pct -SGS

> Malaysia end-April palm oil stocks fall to lowest in 14 months -MPOB

> Malaysia's May 1-10 palm oil exports rise 21.9 pct m/m -ITS

> USDA slashes soy supply view amid S. America crop woes, prices surge

> With world watching, China steel mills take their chances

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's May 1-15 palm oil export data on May 16.

> Cargo surveyor SGS releases Malaysia's May 1-15 palm oil export data on May 16.


Palm, soy and crude oil prices at 0027 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 5464 +24.00 5442 5490 443600

CHINA SOYOIL SEP6 6236 +54.00 6200 6244 289076

CBOT SOY OIL JUL6 33.54 +1.30 33.5 33.64 1189

INDIA PALM OIL MAY6 558.50 +1.30 554.20 561 2025

INDIA SOYOIL MAY6 649.75 -0.10 645.6 651.4 14950

NYMEX CRUDE JUN6 44.60 -0.06 44.55 44.73 5489

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