Malaysian palm oil/Vegoils: Market factors to watch Tuesday Aug 23

Malaysian palm oil futures rose for a second session in four on Friday as better performing rival soy oil gave the market a late boost even though a stronger ringgit MYR= weighed on prices earlier in the day.

* Malaysian palm oil futures fell to their lowest in over a week on Monday, tracking rival oils and as expectations of a pick up in output offset improving export demand. 

* U.S. soybean futures rose on Monday, with the benchmark November contract reaching its highest in a month on strong export demand for U.S. supplies, traders said. 
* Oil settled down more than 3 percent on Monday, retreating from last week's two-month highs, on worries about burgeoning Chinese fuel exports, more Iraqi and Nigerian crude shipments and a rising U.S. oil rig count. 
    
MARKET NEWS
* Oil prices fell more than 3 percent on supply worries, while U.S. Treasuries rose and stocks flattened on Monday as markets awaited more clarity later this week from the Federal Reserve on when it might raise U.S. interest rates. 
        
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DATA/EVENTS
 Cargo surveyor ITS releases Malaysia's Aug 1-25 palm oil export data on Aug 25.
 Cargo surveyor SGS releases Malaysia's Aug 1-25 palm oil export data on Aug 25.- Reuters