04/10/2014 (Times of India) - ROTTERDAM, Oct 4 (Reuters) - Palm oil on the European vegetable oils market was firmer on Wednesday, following Malaysian palm oil futures which rose on the back of technical selling and expectations that September ending stocks will only show a small increase.

Asking prices for palm oil were between $7.50 and $15 a tonne higher, also supported by technical strength in CBOT soyoil futures after Malaysian palm oil futures closed between 26 and 33 ringgit per tonne up.

"Next week the MPOB stocks data will give an answer to the speculation over the rise in carry-over," one broker said.

CBOT soyoil futures were between 0.20 and 0.27 cent per lb higher on technicals as CBOT traders were selling soymeal futures and buying back soyoil contracts.

EU rapeoil was offered between unchanged and five euros per tonne up from Tuesday, tracking gains in CBOT soyoil and supported by technical strength in rapeseed futures.

Lauric oils were offered between unchanged and $17.50 a tonne down in slow trade due to the absence of Chinese participants because of a public holiday. Sellers were lowering asking prices to narrow the gap to buyers' ideas. EUROPEAN VEG OILS TRADES

PALM OLEIN RBD, dollars a tonne fob Malaysia Nov/Dec 680 Jan/Mar 668/672.50 (+8.50) Apr/Jun 662.50 (+4.50)

SUNOIL EU, dollars a tonne extank six ports sellers option Jan/Mar 797.50

COCONUT OIL Phil/Indo, dollars a tonne cif Rotterdam Oct/Nov 1,392.50