KUALA LUMPUR, Sept 18 (Reuters) -Malaysian palm oil futures rose on Wednesday, underpinned by estimates of higher exports from the world's second-largest producer and tracking gains in rival Dalian and Chicago contracts.

The benchmark palm oil contract FCPOc3 for December delivery on the Bursa Malaysia Derivatives Exchange gained 70 ringgit, or 1.87%, to 3,806 ringgit ($895.95) a metric ton by 0243 GMT.

FUNDAMENTALS

* Dalian's most-active soyoil contract DBYcv1 rose 1.3%, while its palm oil contract DCPcv1 added 0.46%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 1.13%.

* Palm oil tracks price movements in rival edible oils, as they compete for a share in the global vegetable oils market.

* Cargo surveyors estimated exports of Malaysian palm oil products during Sept. 1-15 rose between 9.1% and 10.2%, compared with the same period last month.

* Oil prices steadied, after rising in the previous two sessions, as investors awaited the Fed's anticipated interest rate cut, with the potential for more violence in the Middle East supporting the market. O/R

* Brent crude futures LCOc1 for November lost 0.46% to $73.36 a barrel as of 0227 GMT. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock.

* The ringgit MYR=, palm's currency of trade, strengthened 0.19% against the dollar, making the commodity more expensive for buyers holding foreign currencies.

* Palm oil may break resistance at 3,784 ringgit per metric ton, and rise towards 3,864 ringgit, Reuters technical analyst Wang Tao said. TECH/C

MARKET NEWS

* The dollar ceded some of its overnight gains while Asian stocks put in a mixed display as traders weighed the odds of a super-sized Federal Reserve interest rate cut later in the day. MKTS/GLOB

DATA/EVENTS

0600 UK Core CPI YY Aug

0600 UK CPI YY Aug

0600 UK CPI Services MM Aug

0900 EU HICP Final MM Aug

0900 EU HICP Final YY Aug

1230 US Housing Starts Number Aug

($1 = 4.2480 ringgit)

Reporting by Danial Azhar; Editing by Subhranshu Sahu

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