JAKARTA, Aug 20 (Reuters) -Malaysian palm oil futures were little changed on Tuesday as a weak Chicago soyoil contract and a stronger ringgit weighed, while a rise in Dalian vegetable oils lent some support.

The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange was unchanged at 3,721 ringgit ($851.68) a metric ton, as of 0245 GMT.

Cargo surveyors are expected to publish export data for Aug. 1-20 later in the day.

FUNDAMENTALS

* Dalian's most-active soyoil contract DBYcv1 rose 0.6%, while its palm oil contract DCPcv1 gained 0.96%. Soyoil prices on the Chicago Board of Trade BOc2 edged 0.43% lower.

* Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.

* Malaysian ringgit, the contract's currency of trade, strengthened 0.18% against the U.S. dollar, early on Tuesday, to its highest since mid-February 2023. A stronger ringgit made the contract less attractive for foreign currency holders.

* Indonesia has revised its rules on its palm oil domestic market obligation (DMO) scheme, raising the price cap in a bid to improve supplies of cheap cooking oil, while lowering the domestic distribution target to 250,000 tons monthly.

* Exports of Malaysian palm oil products for Aug. 1-15 declined 22.3% from the previous month, data from independent inspection company AmSpec Agri Malaysia showed, while Cargo surveyor Intertek Testing Services said exports slumped 20.2% during the same period.

* Cargo surveyor Societe Generale de Surveillance(SGS) estimates exports of Malaysian palm oil products for Aug. 1-15 were 662,450 metric tons, down from 786,830 metric tons shipped during July 1-15, according to LSEG.

* Palm oil may test resistance at 3,764 ringgit per metric ton, a break above which could confirm both a target of 3,809 ringgit and an inverted head-and-shoulders, Reuters technical analyst Wang Tao said. TECH/C

MARKET NEWS

* Asian stocks scaled a one-month peak on Tuesday, tracking a Wall Street rally driven by expectations that the Federal Reserve could offer further hints of imminent rate cuts later this week. MKTS/GLOB

DATA/EVENTS (GMT)

0100 China Loan Prime Rate 1Y August

0100 China Loan Prime Rate 5Y August

0900 EU HICP Final MM July

0900 EU HICP Final YY July

($1 = 4.3690 ringgit)

Reporting by Bernadette Christina; Editing by Savio D'Souza

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Vegetable oils OILS/ASIA1
Malaysian palm oil exports SGSPALM1
CBOT soyoil futures 0#BO:
CBOT soybean futures 0#S:
Indian solvent SOLVENT01
Dalian Commodity Exchange DC/MENU
Dalian soyoil futures 0#DBY:
Dalian refined palm oil futures 0#DCP:
Zhengzhou rapeseed oil 0#COI:
European edible oil prices/trades OILS/E