(Updates with midday prices, comment on paragraph 3)

By Dewi Kurniawati

JAKARTA, May 13 (Reuters) - Malaysian palm oil futures

extended gains on Monday as the market tracked strength in rival

oils at Dalian and Chicago Board of Trade (CBOT), while the

market awaited the export data for further cues.

The benchmark palm oil contract for July delivery

on the Bursa Malaysia Derivatives Exchange increased 65 ringgit,

or 1.71%, to 3,874 ringgit ($816.61) a metric ton during the

midday break.

"Palm oil is tracking Dalian and CBOT while looking forward

to the 15-day export data to provide further lead," a Kuala

Lumpur-based trader told Reuters.

Dalian's most-active soyoil contract rose 1.58%,

while its palm oil contract gained 1.61%. Soyoil prices

on the Chicago Board of Trade increased 0.9%.

Palm oil is affected by price movements in related oils as

they compete for a share in the global vegetable oils market.

Investors are expecting the U.S. Department of Agriculture's

monthly crop production and World Agricultural Supply and Demand

Estimates reports to show ample supplies in the United States

and globally.

Malaysia's industrial production in March rose 2.4% from a

year earlier, below expectations, government data showed on

Friday.

Exports of Malaysian palm oil products for May 1-10 fell

14.2% to 369,920 metric tons from 431,190 metric tons shipped

during April 1-10, cargo surveyor Intertek Testing Services said

on Friday.

Independent inspection company AmSpec Agri Malaysia said on

Friday that exports fell 14.8%, while Cargo surveyor Societe

Generale de Surveillance (SGS) estimated exports at 263,369

metric tons, according to LSEG.

Oil prices extended declines on Monday amid signs of weak

fuel demand and as comments from U.S. Federal Reserve officials

dampened hopes of interest rate cuts, which could slow growth

and crimp fuel demand in the world's biggest economy.

Stronger crude oil futures make palm a more attractive

option for biodiesel feedstock.

Palm oil may bounce into a range of 3,857-3,878 ringgit per

metric ton, as it has stabilised around a support at 3,760

ringgit, according to Reuters' technical analyst Wang Tao.

($1 = 4.7440 ringgit)