VEGOILS-Palm slips after 3-session rally, weak export data drags

* Palm falls nearly 0.7 pct as bearish exports hit prices

* Weaker ringgit seen propping up or stabilising prices -trader

(Adds closing prices)

By Emily Chow

KUALA LUMPUR, Nov 30 (Reuters) - Malaysian palm oil futures dropped on

Monday, snapping a three-day winning streak, hurt by weak export data.

The latest cargo surveyor data showed a 10.1 percent decline in palm

shipments for Nov. 1-30, compared with the same period in October.

The February benchmark palm oil contract on the Bursa Malaysia

Derivatives Exchange was down about 0.7 percent at 2,346 ringgit ($551.22) per

tonne at the end of the trading day. Traded volume stood at 36,876 lots of 25

tonnes each.

"With the currency weakness, it's expected to improve or remain unchanged,"

said a Kuala Lumpur-based trader, referring to palm prices.

A weak ringgit lends support to palm prices as it makes the tropical oil

cheaper for holders of foreign currencies. The ringgit weakened to 4.2560

against the dollar on Monday.

Palm had fallen to a near one-month low last Wednesday, before rising 5

percent to a 2-1/2 week high on expectations that the year-end monsoon season

will slash output.

In other vegetable oil markets, the U.S. December soyoil contract

rose 0.3 percent. The May soybean oil contract on the Dalian Commodity

Exchange lost 0.5 percent.

In related markets, crude oil futures fell as a global supply glut showed no

signs of easing, while weak stocks and a stronger dollar further weighed on

prices.

Palm, soy and crude oil prices at 1012 GMT

Contract Month Last Change Low High Volume

MY PALM OIL DEC5 2149 -10.00 2135 2160 251

MY PALM OIL JAN6 2266 -26.00 2263 2294 3187

MY PALM OIL FEB6 2346 -16.00 2337 2365 19518

CHINA PALM OLEIN MAY6 4598 +2.00 4540 4636 757534

CHINA SOYOIL MAY6 5588 -30.00 5540 5644 752794

CBOT SOY OIL JAN6 29.20 +1.00 29.04 29.23 10096

INDIA PALM OIL NOV5 382.30 +1.00 381.00 382.50 504

INDIA SOYOIL DEC5 616.40 -1.65 613.60 618.40 19800

NYMEX CRUDE JAN6 41.73 +0.02 41.50 41.93 31962

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 = 4.2560 ringgit)

($1 = 66.7025 Indian rupees)

($1 = 6.3981 Chinese yuan)

(Editing by Subhranshu Sahu)