* Dalian's most-active soyoil contract was trading sideways, while its palm oil contract rose 1.19%. Soyoil prices on the Chicago Board of Trade were down 0.4%.
* Palm is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
* Cargo surveyors are expected to report Feb. 1-15 palm oil exports data later on Wednesday. Malaysia's palm oil exports during Feb. 1-10 rose between 23.3% and 39.3% from a month earlier.
* India's rapeseed production in 2023 could jump 7.1% from a year earlier to a record 12.8 million tonnes, the government said, which could help the world's biggest vegetable oil importer reduce overseas purchases of palm oil.
* Palm oil looks neutral in a range of 3,859-4,009 ringgit
per tonne, and an escape could suggest a direction, said Reuters
technical analyst Wang Tao MARKET NEWS
* Asian stocks slipped while the U.S. dollar was steadfast,
following U.S. inflation data and remarks from central bank
officials that have investors worrying interest rates are going
to be higher for longer. DATA/EVENTS (GMT)
0700 UK Core CPI YY Jan
0700 UK CPI YY Jan
1000 EU Total Trade Balance SA Dec
1100 EU Reserve Assets Total Jan
1330 US Retail Sales MM Jan
1415 US Industrial Production MM Jan
($1 = 4.3690 ringgit)
(Reporting by Fransiska Nangoy; Editing by Subhranshu Sahu)
* To view freight rates from Peninsula Malaysia/Sumatra to China, India, Pakistan and Rotterdam, please key in and press enter, or double click between the brackets.
* Reuters Terminal users can see cash and futures edible oil prices by double clicking on the codes in the brackets: To go to the next page in the same chain, hit F12. To go back, hit F11. Vegetable oils Malaysian palm oil exports CBOT soyoil futures CBOT soybean futures Indian solvent Dalian Commodity Exchange Dalian soyoil futures Dalian refined palm oil futures Zhengzhou rapeseed oil European edible oil prices/trades ))
