10/04/2017 (The Time of India) - April 7 (Reuters) - Palm oil on the European vegetable oils market was mostly easier on Friday, tracking follow-through technical selling in Malaysian palm oil futures.

Asking prices for palm oil were between $10 a tonne lower and $7.50 higher after Malaysian palm oil futures closed between 55 and 24 ringgit down.

At 1630 GMT, CBOT soyoil futures were between 0.16 cents per lb down and 0.27 cents up supported by firmer energy markets and because of some technical buying. Chicago soybeans were easier in response to forecasts for record-large U.S. soy plantings and a bumper South American harvest and this also weighed on soyoil.

EU rapeoil was offered between three and 10 euros per tonne down, tracking weaker rapeseed futures on a brighter global oilseeds supply outlook.

Lauric oils were mostly offered between unchanged and $25 a tonne down on lack of buying interest and tracking weaker palm oil futures. The premium for coconut oil over palmkernel oil was $520 a tonne.

"A spread of more than $500 with coconut oil would be a big incentive to reconsider formulas," one market analyst said. EUROPEAN VEG OILS TRADES PALM OLEIN RBD, dollars a tonne fob Malaysia Jul/Sep 607.50 (-8.50) Oct/Dec 602.50/592.50 (-10)

CRUDE PALM OIL, Sumatra/Malaysia sellers option dollars a tonne cif Rotterdam May 667.50 (Reporting by Karel Luimes. Editing by Jane Merriman)