BEIJING, June 26 (Reuters) -Malaysian palm oil futures dropped for a fourth consecutive day on Wednesday to their lowest levels in nearly six weeks after cargo surveyors forecast a decline in June exports so far.

The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange slid 14 ringgit, or 0.3%, to 3,845 ringgit ($817.22) a metric ton during early trade, its lowest since May 17.

FUNDAMENTALS

* Exports of Malaysian palm oil products for June 1-25 likely fell 16.1% to 944,009 metric tons from 1,125,451 metric tons shipped during May 1-25, cargo surveyor Intertek Testing Services said on Tuesday.

* Exports of Malaysian palm oil products for June 1-25 fell 16.9% to 891,570 tons from 1,073,429 tons shipped during the same period last month, according to estimates from independent inspection company AmSpec Agri Malaysia.

* Cargo surveyor Societe Generale de Surveillance (SGS) estimates exports of Malaysian palm oil products for June 1-25 at 908,517 metric tons, from 949,451 metric tons shipped during a month-ago period, according to LSEG data.

* Oil prices fell in early Asian trade on Wednesday after an industry group reported a surprise jump in U.S. stockpiles, fuelling concerns about weaker-than-expected demand in the top oil-consuming nation. O/R

* Weaker crude oil futures make palm a less attractive option for biodiesel feedstock.

* Dalian's most-active soyoil contract DBYcv1 fell 0.6%, while its palm oil contract DCPcv1 eased 0.5%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.2%.

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

* Palm oil may revisit its May 10 low of 3,767 ringgit per metric ton, as suggested by a retracement analysis, Reuters technical analyst Wang Tao said. TECH/C

MARKET NEWS

* Global stock indexes mostly climbed on Tuesday, with shares of AI chipmaker Nvidia bouncing after a three-day sell-off, while the dollar gained slightly against the Japanese yen. MKTS/GLOB

DATA/EVENTS (GMT)

1000 France Unemp Class-A SA May

1400 US New Home Sales-Units May

($1 = 4.7050 ringgit)

Reporting by Mei Mei Chu; Editing by Sherry Jacob-Phillips

For a table on Malaysian physical palm oil prices, including refined oil, Reuters Terminal users can double click on or type OILS/MY01. * To view freight rates from Peninsula Malaysia/Sumatra to China, India, Pakistan and Rotterdam, please key in OILS/ASIA2 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 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