02/06/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures fell from a near three-week high reached earlier on Wednesday, coming under pressure from weakness in other oils.

* U.S. corn and soybean futures rallied on Wednesday, peaking late in the session as export hopes for U.S. supplies brightened amid heightened concerns about South American crops, traders said.

* Oil settled down on Wednesday on technical resistance at around the $50 a barrel mark, with the market retracing most earlier declines after OPEC sources said the group will likely consider a production curb at its forthcoming meeting.

MARKET NEWS

* U.S. stock prices rose slightly on Wednesday helped by a late recovery in oil prices and an encouraging economic report from the Federal Reserve, but equity prices in other major worl markets fell on worrisome Chinese and European factory data.

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> China auctions 111,467 tonnes of rapeseed oil from reserves - trade center

DATA/EVENTS

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

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

Palm, soy and crude oil prices at 0048 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 5296 +40.00 5170 5306 431946

CHINA SOYOIL SEP6 5988 +64.00 5866 5998 297632

CBOT SOY OIL JUL6 32.23 -1.10 32.14 32.26 595

INDIA PALM OIL JUN6 531.00 -1.10 526.20 532.4 1343

INDIA SOYOIL JUN6 650 +0.75 642.6 650 36310

NYMEX CRUDE JUL6 48.76 -0.25 48.75 48.97 4699

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