28/09/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS
* Malaysian palm oil futures slid on Tuesday evening from the previous session's five-month high to a one-week low, tracking weaker-performing rival oils and with low exports weighing on sentiment.

* U.S. grain and oilseed futures were higher on Tuesday, with soybeans Sc1 rebounding from an earlier five-month low on support from investor short-covering ahead of a U.S. Department of Agriculture quarterly stocks report due on Friday.

* Oil prices rose early on Wednesday, after sharp losses in the previous session, as industry data showed a surprise draw in U.S. crude stocks, although worries over a lack of agreement among producers to curb output kept a lid on gains.

MARKET NEWS
* Asian stocks edged up early on Wednesday following an overnight rise for U.S. stocks, while reduced hopes that a meeting of major producers would reduce a oversupply weighed heavily on crude oil prices.

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

> Cargo surveyor SGS releases Malaysia's Sept 1-30 palm oil export data on Sept 30.