Soyoil firm on weather concerns

AMSTERDAM: Soyoil prices on Europe's vegetable oils market were firm on Monday on concerns that dry weather in South America's soy growing regions could harm production.

* US soybeans climbed more than 1 percent on Monday to a seven-week high on steady export demand and unfavorable weather in South America slowed the harvest in northern Brazil and threatened crops in Argentina.

* At 1730 GMT, CBOT soyoil futures were between 0.12 and 0.34 cents per lb up from Friday, underpinned by higher soybean prices.

* Other liquid oils - rapeoil and sunoil - were offered five to 20 euros per tonne up from Friday, in line with CBOT soyoil and higher rapeseed futures.

* May/July EU rapeoil traded seven euros up from Friday at 917 euros per tonne fob exmill.

* Palm oil was offered between $2 and $12 a tonne up from Friday, after Malaysian palm oil futures were mixed and closed between 17 ringgit per tonne down and 20 ringgit per tonne up from Thursday.

* July/Sept RBD palm olein traded $5 down from Friday at between $870 and $875 a tonne fob Malaysia and Oct/Dec traded at $885 fob, $2.50 a tonne up from Friday.

* Lauric oils were offered between unchanged and $10 a tonne up from Friday on stronger soyoil futures.