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VEGOILS-Palm sees first gain in four sessions on higher export outlook

* Palm records first gain in four sessions

* Market up on stronger exports forecast - Trader

* Cargo surveyor export data scheduled for Thursday release

(Updates latest prices)

By Emily Chow

KUALA LUMPUR, Aug 30 (Reuters) - Malaysian palm oil futures

rose on Tuesday after three sessions of losses, supported by a

stronger outlook for exports and a weaker ringgit.

Benchmark palm oil futures for November on the

Bursa Malaysia Derivatives Exchange closed up 0.4 percent at

2,526 ringgit ($624) per tonne.

Traded volumes totalled 34,724 lots of 25 tonnes each on

Tuesday, below the 2015 average of 44,600.

"The market is up on strong export expectations," said a

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trader from Kuala Lumpur, referring to traders' outlook of

export data from cargo surveyors for the full month of August.

Palm oil shipments from Malaysia, the world's largest

producer after Indonesia, gained 29-31 percent during the Aug.

1-25 period from the previous month, according to Intertek

Testing Services and Societe Generale de Surveillance.

Data for end-August is scheduled to be released on Thursday.

Palm also found support from a weaker ringgit, its currency

of trade. The Malaysian currency fell 0.2 percent against the

dollar to reach 4.0480 in late trade, making palm oil cheaper

for foreign currency holders.

The ringgit earlier climbed to 4.0560 per dollar, its

weakest level in three weeks.

In competing vegetable oils, the Chicago Board of Trade

soybean oil December contract declined 0.5 percent, while

the January soybean oil contract on the Dalian Commodity

Exchange slipped 0.03 percent.

Palm, soy and crude oil prices at 1035 GMT

Contract Month Last Change Low High Volume

MY PALM OIL SEP6 2792 -1.00 2788 2815 222

MY PALM OIL OCT6 2607 -1.00 2594 2623 2421

MY PALM OIL NOV6 2528 +9.00 2513 2541 16275

CHINA PALM OLEIN JAN7 5446 -44.00 5426 5490 909550

CHINA SOYOIL JAN7 6290 -2.00 6246 6314 410350

CBOT SOY OIL DEC6 33.06 -0.16 33.03 33.33 5474

INDIA PALM OIL AUG6 559.30 -0.40 559.00 561 379

INDIA SOYOIL SEP6 641.2 +1.50 639 643.5 24210

NYMEX CRUDE OCT6 47.29 +0.31 46.94 47.45 54350

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 = 4.0480 ringgit)

($1 = 67.0450 Indian rupees)

($1 = 6.6764 Chinese yuan)

(Reporting by Emily Chow; Editing by Sunil Nair and Susan

Fenton)