VEGOILS-Palm oil rises for 2nd session on Malaysian production outlook

SINGAPORE, Nov 11 (Reuters) - Malaysian palm oil futures rose for a second session on Monday, ahead of data which is expected to show that the country's production of the tropical oil rose at slower a pace in October. The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange rose 13 ringgit, or 0.5%, to 2,586 ringgit per tonne in early trading. FUNDAMENTALS * Prices are being supported by new estimates by the Malaysian Palm Oil Association that show production rose 1.02% in October to 1.86 million tonnes, a Kuala Lumpur-based trader told Reuters. * That forecast was lower than a prediction of a 2% rise in Malaysian palm oil output in October to 1.88 million tonnes, according to a Reuters poll. The Malaysian Palm Oil Board is due to issue October data later on Monday. * Dalian palm oil and soyoil rose around 1%. The U.S. soyoil futures on the Chicago Board of Trade was down 0.1%. * The U.S. Department of Agriculture (USDA) left its soybean harvest view unchanged despite after what has been a complicated growing season for farmers wrestling poor weather and a trade war with China. MARKET NEWS * Asian shares reversed gains, the yen ticked higher and gold jumped as fresh violence broke out in Hong Kong, while uncertainty still remained over whether the United States and China could end their damaging trade war. DATA/EVENTS (GMT) 0930 UK GDP Est 3M/3M Sept 0930 UK GDP Estimate MM, YY Sept 0930 UK Manufacturing Output MM Sept 0930 UK GDP Prelim QQ, YY Q3 1200 India Industrial Output YY Sept (Reporting by Naveen Thukral; Editing by Himani Sarkar)