8 May 2019 (Reuters) KUALA LUMPUR - Malaysian palm oil futures was in line for a second day of gain on Wednesday, climbing to its highest level in four days in early trade.The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange was last up 0.5 percent at 2,051 ringgit ($494.81) a tonne.

FUNDAMENTALS

* Malaysian palm oil futures jumped by nearly 3 percent on Tuesday, recovering from a more than five-month low in the previous trading session, tracking gains in related edible oils.

* Chicago soybean futures rose for a second session on Wednesday, with focus on whether the latest round of talks between Washington and Beijing this week will be able to stop an escalation in a festering trade dispute between the two.

* Oil prices stabilised on Wednesday as markets remained relatively tight amid U.S. sanctions on crude exporters Iran and Venezuela.

MARKET NEWS

* Asian equities tracked Wall Street's slide on Wednesday, while investors switched to safe-haven government bonds, driven by fears that global growth will suffer as a potential trade deal between the United States and China appeared to be unravelling.

* Growing fears about the impact of a worsening U.S.-Sino trade conflict on global growth kept the safe-haven Japanese yen near recent highs.

* U.S. stocks slid on Tuesday as escalating trade tensions between the United States and China triggered global growth fears and drove investors away from riskier assets. For more vegetable oil-related stories, please click

DATA/EVENTS (GMT)

0600  Germany   Industrial Output MM   March

N/A   China     Exports YY             April

N/A   China     Imports YY             April

N/A   China     Trade Balance USD      April

Palm, soy and crude oil prices at 0253 GMT

Contract          Month   Last   Change     Low   High  Volume

MY PALM OIL       MAY9       0    +0.00       0      0       0

MY PALM OIL       JUN9    2026   +12.00    2009   2030     315

MY PALM OIL       JUL9    2051   +11.00    2032   2058    3176

CHINA PALM OLEIN  MAY9    4176   -10.00    4174   4228     274

CHINA SOYOIL      MAY9    5400  +164.00    5238   5400     206

CBOT SOY OIL      MAY9   26.81    +0.00       0      0     350

INDIA PALM OIL    MAY9    0.00    +0.00    0.00      0       0

INDIA SOYOIL      MAY9   736.2    +4.95  732.55  737.9    9000

NYMEX CRUDE       JUN9   61.91    +0.51   61.43  61.95   28036

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

* For a table on Malaysian physical palm oil prices, including refined oil, Reuters Terminal users can double click on or type.

* To view freight rates from Peninsula Malaysia/Sumatra to China, India, Pakistan and Rotterdam, please key in and press enter, or double click between the brackets.

* Reuters Terminal users can see cash and futures edible oil prices by double clicking on the codes in the brackets: To go to the next page in the same chain, hit F12. To go back, hit F11.

Vegetable oils                    --

Malaysian palm oil exports        --

CBOT soyoil futures               --

CBOT soybean futures              --

Indian solvent                    --

Weekly Indian vegetable oils      --

Dalian Commodity Exchange         --

Dalian soyoil futures             --

Dalian refined palm oil futures   --

Zhengzhou rapeseed oil            --

European edible oil prices/trades –

($1 = 4.1450 ringgit)

($1 = 69.5860 Indian rupees)

($1 = 6.7673 Chinese yuan)