27 May 2019 (Yahoo News) Market earlier rose as much as 1.5% * Stronger export data also supports market - trader * Palm oil may bounce to 2,049 rgt/T - techs (Updates with closing prices, comment) By Emily Chow

KUALA LUMPUR, May 27 (Reuters) - Malaysian palm oil futures rose as much as 1.5% on Monday, tracking overnight gains in soyoil on the Chicago Board of Trade (CBOT) and supported by stronger export data. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange closed up 0.6% at 2,025 ringgit ($483.87) per tonne, having earlier snapped a three session losing streak to touch 2,044 ringgit. Palm fell 4% last week and is down 3.3% so far month-on-month, set for a fourth straight monthly decline in May. Having broken resistance at 2,026 ringgit per tonne, palm oil may rise to 2,049 ringgit, said Wang Tao, a Reuters market analyst for commodities and energy technicals. "Palm rose mainly on overnight gains in soybean oil," said a Kuala Lumpur-based futures trader, adding that fundamental factors had already been priced into the market. "We're waiting for production figures now." The Chicago July soybean oil contract rose 0.9% on Friday, following gains in soybean prices, which were supported by worries about this year's crop planting. U.S. markets are closed on Monday for a national holiday. Another palm oil trader said data showing a rise in Malaysian palm oil shipments was also supporting the market. Exports of the edible oil between May 1-25 rose 8.5% versus the corresponding period the previous month, cargo surveyor Societe Generale de Surveillance said on Monday. In other related oils, the September soyoil contract on the Dalian Commodity Exchange was up 0.6% and the Dalian September palm oil contract rose 0.8%. Palm oil prices are affected by movements in soyoil, with which it competes for global market share. Palm, soy and crude oil prices at 1119 GMT Contract Month Last Change Low High Volume

MY PALM OIL JUN9 1984 +11.00 1979 2004 717 MY PALM OIL JUL9 2016 +11.00 2009 2031 2847 MY PALM OIL AUG9 2025 +12.00 2020 2044 13074 CHINA PALM OLEIN SEP9 4398 +34.00 4364 4416 492422 CHINA SOYOIL SEP9 5384 +30.00 5354 5394 327160 CBOT SOY OIL JUL9 27.01 +0.00 0 0 0 INDIA PALM OIL MAY9 509.90 +2.30 508.00 514.3 665 INDIA SOYOIL JUN9 746.8 +2.35 745.3 747.75 8180 NYMEX CRUDE JUL9 58.57 -0.06 58.13 59.04 130513

 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 = 4.1850 ringgit) ($1 = 69.5070 Indian rupees) ($1 = 6.8987 Chinese yuan) (Reporting by Emily Chow; editing by Uttaresh.V and Kirsten Donovan)