* Palm traded flat for the week
* Market earlier fell to one-week low of 2,146 rgt/T
(Updates with closing prices, quote)
By Emily Chow
KUALA LUMPUR, Jan 11 (Reuters) - Malaysian palm oil futures
rebounded from a one-week low on Friday, tracking rises in crude
The market earlier fell on concerns of oversupply and
overnight soyoil weakness on the Chicago Board of Trade (CBOT).
The benchmark palm oil contract for March delivery
on the Bursa Malaysia Derivatives Exchange was up 0.4 percent to
2,171 ringgit ($530.29) a tonne at the close of trade.
It earlier fell to 2,146 ringgit, its lowest since Jan. 4,
but traded flat for the week.
Trading volumes stood at 22,365 lots of 25 tonnes each at
the end of the trading day. (1FCPO-TOT)
"Palm prices rose on crude oil's gains," said a Kuala Lumpur
Oil prices rose 1 percent on Friday, on track for solid
weekly gains after financial markets strengthened due to hopes
the United States and China may soon resolve their trade
Tightened supply following OPEC-led cuts in crude output
also aided gains, but fears of an economic slowdown have kept
markets in check.
Palm oil prices are impacted by movements in crude oil, as
it is used as feedstock to make biodiesel.
The Chicago March soybean oil contract fell 1.4
percent on Thursday, but was last up 0.5 percent on Friday.
In other related oils, the March soybean oil contract on the
Dalian Commodity Exchange fell 0.5 percent, and the
Dalian January palm oil contract rose 0.4 percent.
Palm, soy and crude oil prices at 1112 GMT:
Contract Month Last Change Low High Volume
MY PALM OIL JAN9 0 +6.00 0 0 3
MY PALM OIL FEB9 2122 +6.00 2103 2127 1902
MY PALM OIL MAR9 2173 +8.00 2146 2174 10591
CHINA PALM OLEIN JAN9 4370 -2.00 4370 4498 158
CHINA SOYOIL JAN9 5134 +34.00 5100 5200 840
CBOT SOY OIL JAN9 27.94 +0.00 0 0 0
INDIA PALM OIL JAN9 543.50 +3.10 539.50 543.5 1049
INDIA SOYOIL JAN9 761.2 -0.20 759.9 764.5 2680
NYMEX CRUDE FEB9 53.04 +0.45 52.14 53.31 169222
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 = 4.0940 ringgit)
($1 = 70.3710 Indian rupees)
($1 = 6.7491 Chinese yuan)
(Reporting by Emily Chow; Editing by Shreejay Sinha and