10/08/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures rose to their highest in two months on tight physical supplies of the tropical oil and as competing vegetable oils on China's Dalian Commodity Exchange also gained.

* U.S. soybean futures rose for a fifth straight session on Tuesday, supported by persistent export demand, traders said.

* Oil prices fell 1 percent on Tuesday, extending losses in post-settlement trade after preliminary data showed a surprise U.S. crude stockpile build last week, heightening worries about a global petroleum glut.

MARKET NEWS

* Oil prices slipped on Tuesday amid worries about a stubborn global petroleum glut, weighing on energy shares and limiting gains on Wall Street after the S&P 500 and Nasdaq ticked up to intraday record highs.

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Palm, soy and crude oil prices at 0047 GMT

Contract Month Last Change Low High Volume

MY PALM OIL AUG6 0 +0.00 0 0 0

MY PALM OIL SEP6 0 +0.00 0 0 0

MY PALM OIL OCT6 0 +0.00 0 0 0

CHINA PALM OLEIN JAN7 5312 +42.00 5286 5338 299282

CHINA SOYOIL JAN7 6262 +32.00 6224 6278 144054

CBOT SOY OIL DEC6 31.71 +6.40 31.65 31.77 1581

INDIA PALM OIL AUG6 536.60 +6.40 530.70 539.6 2206

INDIA SOYOIL AUG6 637.5 +2.15 634.2 638.9 25710

NYMEX CRUDE SEP6 42.71 -0.06 42.61 42.80 5422

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