VEGOILS-Palm falls over 1 pct on firmer ringgit, weaker related oils

* Palm heads for fourth straight session of declines

* Rising output, weak exports weigh on mkt - trader

By Emily Chow

KUALA LUMPUR, Dec 26 (Reuters) - Malaysian palm oil futures

fell over 1 percent on Wednesday, extending falls into a fourth

session, as the ringgit strengthened while weakness in

related edible oils also weighed on the market.

The ringgit, palm's currency of trade, was up 0.14 percent

at 4.1770 per dollar. A stronger ringgit usually makes palm oil

more expensive for holders of foreign currencies.

The benchmark palm oil contract for March delivery

on the Bursa Malaysia Derivatives Exchange was down 1.2 percent

at 2,103 ringgit ($503.47) a tonne at the midday break. Earlier

in the session, it fell to its weakest level since Dec. 14 at

2,098 ringgit.

Trading volumes stood at 7,163 lots of 25 tonnes each at the

midday break. (1FCPO-TOT)

"December production is picking up... Coupled with weak

exports, a firmer ringgit and weaker Dalian also weighed (on the

palm market)," said a Kuala Lumpur-based futures trader,

referring to related edible oils on China's Dalian Commodity

Exchange.

Malaysian palm oil exports for Dec. 1-25 declined from a

month earlier, data from cargo surveyors showed.

Cargo surveyor Intertek Testing Services reported a 2.5

percent drop on Tuesday, while inspection company AmSpec Agri

Malaysia said on Wednesday shipments fell 6.4 percent.

In other related oils, the January soybean oil contract on

the Dalian Commodity Exchange fell 1.4 percent and the

Dalian January palm oil contract declined 0.8 percent.

Palm oil prices have been impacted by changes in soyoil

prices in recent sessions, as they compete for a share in the

global vegetable oil market.

Palm, soy and crude oil prices at 0520 GMT:

Contract Month Last Change Low High Volume

MY PALM OIL JAN9 2022 -33.00 2019 2034 115

MY PALM OIL FEB9 2058 -31.00 2056 2077 414

MY PALM OIL MAR9 2103 -25.00 2098 2118 4458

CHINA PALM OLEIN JAN9 4070 -32.00 4062 4092 12212

CHINA SOYOIL JAN9 4920 -68.00 4902 4962 13790

CBOT SOY OIL JAN9 27.74 +0.00 0 0 0

INDIA PALM OIL DEC8 501.00 -5.00 499.90 504.4 194

INDIA SOYOIL JAN9 718 -2.10 715.6 719.8 1960

NYMEX CRUDE FEB9 42.71 +0.18 42.52 43.42 74397

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

($1 = 4.1770 ringgit)

($1 = 70.0360 Indian rupees)

($1 = 6.8885 Chinese yuan)

(Reporting by Emily Chow; Editing by Subhranshu Sahu)