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VEGOILS-Palm hits more than one-week high on firmer U.S. grains

* Palm charts third session of gains * Malaysian July exports should be supportive -trader * Palm oil could rise to 1,966 rgt/T -technicals (Updates with closing prices) By Emily Chow KUALA LUMPUR, July 15 (Reuters) - Malaysian palm oil futures climbed on Monday to their highest in more than a week, tracking strength in U.S. grains on the Chicago Board of Trade (CBOT) and related edible oils on China's Dalian Commodity Exchange. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was up 0.8% at 1,959 ringgit ($476.99) a tonne at the close for a third straight session of gains. It earlier rose as much as 1.1% to 1,965 ringgit, its highest since July 5. Palm oil could rise to 1,966 ringgit per tonne, as it may have bottomed around a support at 1,929 ringgit, said Wang Tao, a Reuters market analyst for commodities and energy technicals. "Palm prices are tracking the Dalian and U.S. grains markets, as the weather forecasts seem bad in the United States," said one Kuala Lumpur-based trader. "Exports also should improve," he added, referring to Malaysian palm oil shipments in July. Palm oil exports from Malaysia, the world's second-largest producer and exporter, have risen in the first half of this month from a month earlier, according to cargo surveyor data from AmSpec Agri Malaysia and Intertek Testing Services. Another cargo surveyor, Societe Generale de Surveillance, on Monday evening reported that exports in the first half of July edged up by 0.4%. U.S. soyoil futures on the CBOT rose 0.4%, in line with gains in U.S. corn, wheat and soybean futures. U.S. grains rose on Monday as forecasts for hot, dry weather across a key North American growing region stoked fears that crops could face further damage. In related oils, the September soyoil contract on the Dalian exchange rose 1%, while the Dalian September palm oil gained 1.3%. Palm oil prices are affected by movements in related oils that compete for a share of the global vegetable oils market. Palm, soy and crude oil prices at 1051 GMT Contract Month Last Change Low High Volume MY PALM OIL JUL9 0 +0.00 0 0 0 MY PALM OIL AUG9 1927 +11.00 1915 1933 892 MY PALM OIL SEP9 1959 +15.00 1938 1965 19383 CHINA PALM OLEIN SEP9 4236 +54.00 4176 4254 513910 CHINA SOYOIL SEP9 5468 +52.00 5404 5476 386228 CBOT SOY OIL SEP9 28.55 +0.12 28.32 28.61 382 INDIA PALM OIL JUL9 500.40 +0.50 499.00 503.1 421 INDIA SOYOIL JUL9 740.3 +2.20 739.8 741.35 2820 NYMEX CRUDE AUG9 60.42 +0.21 59.85 60.47 105678 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 = 4.1070 ringgit) ($1 = 68.5500 Indian rupees) ($1 = 6.8739 Chinese yuan) (Reporting by Emily Chow Editing by Sherry Jacob-Phillips, Subhranshu Sahu and David Goodman )