17/05/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS
* Malaysian benchmark palm oil futures rose on Monday as a weaker ringgit spurred buying and data showed exports continued to grow in the first half of May.
* U.S. corn futures rose on Monday, lifted by technical buying and thoughts that farmers may shift some plantings to soybeans.
* Oil prices hit six-month highs on Monday on worries about global supply outages and as long-time bear Goldman Sachs sounded more positive on the market, although a stockpile build at the U.S. storage hub for crude futures limited gains.

MARKET NEWS
* Asian shares recovered from two-month lows on Tuesday after a rebound in technology giant Apple Corp and oil price gains boosted Wall Street.   

RELATED 
> India's monsoon delay not to affect crop sowing -weather office
> Malaysia's Felda says palm output drops as El Nino bites
> Malaysia's May 1-15 palm oil exports rose 14.9 pct -SGS   
> Indonesia April palm oil output likely fell to 14-month low -Reuters survey
> Malaysia's May 1-15 palm oil exports rise 16.3 pct m/m -ITS

DATA/EVENTS
> Cargo surveyor ITS releases Malaysia's May 1-20 palm oil export data on May 20.
> Cargo surveyor SGS releases Malaysia's May 1-20 palm oil export data on May 20.