VEGOILS-Palm rises for 5th session on last-minute buying ahead of Sept data

By Fathin Ungku

* Sept-end stockpiles rise 9.3% to 2.4 million tonnes * Exports fall about 18.8%, output gains 1.2% By Fathin Ungku SINGAPORE, Oct 10 (Reuters) - Malaysian palm oil futures rose for a fifth consecutive session on Thursday as traders resorted to last-minute buying ahead of September data from the Palm Oil Board. Gains in palm and rival soyoil on China's Dalian Commodity Exchange also supported the market. Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 0.4% at 2,205 ringgit ($526.06) per tonne by the midday break. The January palm oil contract on the Dalian exchange was last up at 0.3%, while the January soyoil contract was flat. "Last-minute buying supported palm prices," a Kuala Lumpur-based trader told Reuters. Malaysia's palm oil stockpiles at the end of September rose 9.3% from the previous month to 2.4 million tonnes, industry regulator Malaysian Palm Oil Board said after the market took the midday break. Output in the world's second-largest palm producer gained 1.2% to 1.8 million tonnes, while exports dropped 18.8% to 1.4 million tonnes, the data showed. In other related edible oils, U.S. soyoil futures on the U.S. Chicago Board of Trade was last flat. Palm, soy and crude oil prices at 0508 GMT Contract Mont Last Change Low High Volume h MY PALM OIL NOV9 2170 +9.00 2155 2172 396 MY PALM OIL DEC9 2205 +9.00 2190 2209 8136 CHINA PALM JAN0 4780 +14.00 4758 4824 385266 OLEIN CHINA SOYOIL JAN0 5978 +0.00 5962 6016 311704 CBOT SOY OIL OCT9 29.63 +0.00 0 0 0 INDIA PALM OCT9 549.00 -0.10 548.30 550.2 135 OIL INDIA SOYOIL OCT9 757.25 +0.20 756.6 757.7 300 NYMEX CRUDE NOV9 52.50 -0.09 51.38 52.72 55062 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 = 4.1915 ringgit) ($1 = 71.1100 Indian rupees) ($1 = 7.1129 Chinese yuan) (Reporting by Fathin Ungku; editing by Uttaresh.V and Subhranshu Sahu)