29/06/2017 (The Times of India) - ROTTERDAM, June 28 (Reuters) - Palm oil on the European vegetable oils market was offered mostly lower on Wednesday on expectations of increasing production in the coming months and declining demand.

Asking prices for palm oil were between $2.50 a tonne up and $5 down from Tuesday after Malaysian palm oil futures closed between 10 ringgit per tonne up and four ringgit down. A weaker ringgit capped losses as palm oil gets cheaper for foreign buyers.

"The market came a little to life again after the four-day weekend because of public holidays in Malaysia," one broker said.

At 1630 GMT CBOT soyoil futures were between 0.07 and 0.14 cents per lb down on technical selling with CBOT dealers buying soymeal futures and selling soyoil contracts. Decent U.S. soybean crop weather also weighed.

EU rapeoil was mostly quoted between flat and five euros per tonne lower, tracking easier Chicago soyoil futures and because of a weaker dollar, which weighs on euro-priced products.

Coconut oils were quoted between unchanged and $25 a tonne higher on the back of dollar weakness, which supports products quoted in that currency. Palmkernel oil was offered between $5 and $55 a tonne down as sellers were lowering levels to find buyers. EUROPEAN VEG OILS TRADES

PALM OLEIN RBD, dollars a tonne fob Malaysia Aug 627.50 Oct/Dec 592.50 Jan/Mar 605

CRUDE PALM OIL, Sumatra/Malaysia sellers option dollars a tonne Oct/Dec 627.50 (-2.50)

RAPEOIL Dutch/EU, euros a tonne fob exmill Aug/Oct 706/707 Nov/Jan 709/710 Feb/Apr 708

COCONUT OIL Phil/Indo, dollars a tonne cif Rotterdam Jul/Aug switched into Sep/Oct+$150

PALMKERNEL OIL Mal/Indo, dollars a tonne cif Rotterdam Oct/Nov 925 Nov/Dec 925 (Reporting by Karel Luimes; Editing by Elaine Hardcastle)