VEGOILS-Palm snaps four days of losses on likely lower February output

* Feb output to fall on seasonal trend and holidays - trader

* Expectations of better exports also supportive - trader

* Palm oil may hover above 2,249 rgt/T - techs

(Updates with closing prices, quote)

By Emily Chow

KUALA LUMPUR, Feb 14 (Reuters) - Malaysian palm oil futures

jumped more than 1 percent in the second half of trade on

Thursday, ending the day higher on expectations of slowing

February output in line with seasonal trend and improving

exports.

The benchmark palm oil contract for April delivery

on the Bursa Malaysia Derivatives Exchange was up 1 percent at

2,272 ringgit ($557.68) a tonne at the close of trade, snapping

four days of losses.

The market earlier rose as much as 1.6 percent to an

intraday high of 2,286 ringgit.

Trading volumes stood at 29,505 lots of 25 tonnes each at

the close of trade. (1FCPO-TOT)

"The market is up on production expectations," said a Kuala

Lumpur-based trader, adding that participants expected output in

February to decline.

Production would also decline as February has fewer working

days due to national holidays for the Lunar New Year in

Malaysia, he said.

Output of palm oil, the world's most widely used edible oil,

typically declines during the first quarter of the year in line

with seasonal trends.

Another trader added that expectations of better exports in

the first half of February versus the previous month also

supported the market in the evening.

Malaysian palm oil output in January declined 3.9 percent to

1.74 million tonnes from the previous month, while exports rose

21.2 percent to 1.68 million tonnes, according to data from the

Malaysian Palm Oil Board.

In other related oils, the Chicago March soybean oil

contract was up 0.5 percent, while the May contract on

the Dalian Commodity Exchange was flat at 1036 GMT.

The Dalian January palm oil contract was up 0.1

percent.

Palm oil prices are affected by movements in soyoil rates,

as they compete for a share in the global vegetable oil market.

Palm oil may keep hovering above support at 2,249 ringgit or

bounce towards resistance at 2,285 ringgit per tonne, said Wang

Tao, a Reuters market analyst for commodities and energy

technicals.

Palm, soy and crude oil prices at 1036 GMT

Contract Month Last Change Low High Volume

MY PALM OIL FEB9 0 +0.00 0 0 0

MY PALM OIL MAR9 2230 +22.00 2210 2239 1892

MY PALM OIL APR9 2272 +22.00 2249 2286 12782

CHINA PALM OLEIN MAY9 4778 +4.00 4754 4780 333076

CHINA SOYOIL MAY9 5712 +0.00 5668 5724 315154

CBOT SOY OIL MAR9 30.14 +0.15 29.94 30.16 5864

INDIA PALM OIL FEB9 560.20 +2.10 557.50 564 453

INDIA SOYOIL FEB9 775.2 +2.10 773.2 776 1200

NYMEX CRUDE MAR9 54.31 +0.41 53.90 54.68 95288

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 = 4.0740 ringgit)

($1 = 71.1175 Indian rupees)

($1 = 6.7728 Chinese yuan)

(Reporting by Emily Chow; Editing by Shreejay Sinha and Dale

Hudson)