VEGOILS-Palm oil declines as weak Dalian oils weigh

JAKARTA, March 24 (Reuters) - Malaysian palm oil futures declined for the second consecutive session on Monday, pressured by weakness in vegetable oil contracts on the Dalian Commodity Exchange. The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange lost 30 ringgit, or 0.69%, to 4,345 ringgit a metric ton by 0236 GMT. The contract logged a 4.37% weekly drop on Friday, and posted its second consecutive weekly loss. FUNDAMENTALS * Dalian's most-active soyoil contract DBYcv1 was down 1.4%, while its palm oil contract DCPcv1 dropped 1.36%. Soyoil prices on the Chicago Board of Trade (CBOT) BOc2 gained 0.12%. * Palm oil tracks price movements of rival edible oils as it competes for a share of the global vegetable oils market. * Exports of Malaysian palm oil products in March 1-20 period estimated to drop between 5% and 14.2%, from the previous month, according to cargo surveyors. * Oil prices held steady, as investors assessed the outlook for ceasefire talks aimed at ending the Russia-Ukraine war, which could lead to an increase in Russian oil to global markets. O/R MARKET NEWS * Financial markets made an mixed start, with U.S. stock futures rising but the dollar wavering ahead of a week driven by data, Chinese earnings and the threat of steep U.S. tariff hikes on the horizon. MKTS/GLOB DATA/EVENTS (GMT) 0815 France HCOB Mfg, Serv, Comp Flash PMIs March 0830 Germany HCOB Mfg, Serv, Comp Flash PMIs March 0900 EU HCOB Mfg, Serv, Comp Flash PMIs March 0930 UK Flash Comp, Mfg, Serv PMIs March 1345 US S&P Global Mfg, Svcs, Comp Flash PMIs March <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ cpo https://tmsnrt.rs/434tYdg ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Reporting by Bernadette Christina) ((Bernadette.christina@Thomsonreuters.com)) ((For a table on Malaysian physical palm oil prices, including refined oil, Reuters Terminal users can double click on or type OILS/MY01 . * To view freight rates from Peninsula Malaysia/Sumatra to China, India, Pakistan and Rotterdam, please key in OILS/ASIA2 and press enter, or double click between the brackets. * Reuters Terminal users can see cash and futures edible oil prices by double clicking on the codes in the brackets: To go to the next page in the same chain, hit F12. To go back, hit F11. Vegetable oils OILS/ASIA1 Malaysian palm oil exports SGSPALM1 CBOT soyoil futures 0#BO: CBOT soybean futures 0#S: Indian solvent SOLVENT01 Dalian Commodity Exchange DC/MENU Dalian soyoil futures 0#DBY: Dalian refined palm oil futures 0#DCP: Zhengzhou rapeseed oil 0#COI: European edible oil prices/trades OILS/E ))