27/05/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday May 27.

FUNDAMENTALS

* Malaysian palm oil futures rose on Thursday to record a third session of gains this week, amid expectations of slow output growth and sustained Ramadan demand.
* U.S. soybean futures fell on Thursday on profit-taking after rising to their highest in 20 months as soymeal pared gains, but analysts cautioned that soymeal's rally might not be over.
* Oil futures dipped further in early Asian trade on Friday, finding resistance at the $50 a barrel mark as investors worried higher prices could reactivate shuttered crude output, adding to global oversupply.

MARKET NEWS

* Oil prices eased on Thursday after topping $50 a barrel for the first time in about seven months, while U.S. stocks ended near flat after two days of strong gains.   

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DATA/EVENTS
 Cargo surveyor ITS releases Malaysia's May 1-30 palm oil export data on May 30.
 Cargo surveyor SGS releases Malaysia's May 1-30 palm oil export data on May 30.