24/05/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures hit their lowest level in nearly three months on Monday, dragged down by losses in Chinese vegetable oils, while a stronger ringgit also weighed on sentiment earlier in the day.

* U.S. soybean futures fell on Monday on profit-taking as commodities fell broadly and soymeal backed down from contract highs, analysts said.

* Oil prices eased again on Monday after Iran vowed to ramp up output and as the number of rigs drilling for crude in the United States held steady after declining for eight straight weeks.

MARKET NEWS

* Asian shares were nearly flat in early trading on Tuesday, while the dollar rebounded from steep losses against the yen in the previous session.

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DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's May 1-25 palm oil export data on May 25.

> Cargo surveyor SGS releases Malaysia's May 1-25 palm oil export data on May 25.

Palm, soy and crude oil prices at 0036 GMT

Contract Month Last Change Low High Volume

MY PALM OIL JUN6 0 +0.00 0 0 0

MY PALM OIL JUL6 0 +0.00 0 0 0

MY PALM OIL AUG6 0 +0.00 0 0 0

CHINA PALM OLEIN SEP6 4990 -46.00 4980 5028 273326

CHINA SOYOIL SEP6 5746 -46.00 5712 5766 213756

CBOT SOY OIL JUL6 31.19 +0.60 31.12 31.25 422

INDIA PALM OIL MAY6 531.20 +0.60 526.10 532 942

INDIA SOYOIL JUN6 639 +0.40 634.7 640.8 53520

NYMEX CRUDE JUL6 47.97 -0.11 47.94 48.12 2913

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