By Dewi Kurniawati

JAKARTA, Sept 5 (Reuters) -Malaysian palm oil futures extended losses to a fourth straight session on Thursday, tracking rival oils contracts at the Dalian market and a stronger ringgit.

The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange was down 28 ringgit, or 0.72%, at 3,858 ringgit ($890.58) a metric ton, as of 0231 GMT.

FUNDAMENTALS

* Dalian's most-active soyoil contract DBYcv1 fell 0.8%, while its palm oil contract DCPcv1 was down 0.81%. The Chicago Board of Trade BOcv1 gained 0.1%.

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

* The Malaysian ringgit MYR=, palm's currency of trade, gained 0.48% against the dollar. A stronger ringgit makes palm oil less attractive for foreign currency holders.

* Malaysia's palm oil inventories are expected to have climbed to their highest levels in six months at the end of August due to lacklustre export demand, a Reuters survey showed.

* Indonesia, the world's biggest palm oil exporter, plans to lower export levy rates of the tropical oil to improve competitiveness against rival vegetable oils and raise farmers' income.

* Malaysia's August palm oil exports are seen at 1,376,412 metric tons, according to Amspec Agri.

* Exports of Malaysian palm oil products for August fell 9.9% to 1,445,442 tons from 1,604,578 tons shipped during July, cargo surveyor Intertek Testing Services said.

* Oil was attempting to hold its line in early trade on Thursday after an overnight sell-off, as players grappled with weak demand alongside a possible delay to more supply entering the market next month. O/R

* Stronger crude oil futures make palm a more attractive option for biodiesel feedstock.

* Palm oil may break support at 3,864 ringgit per metric ton, and fall into the 3,777 ringgit to 3,821 ringgit range, according to Reuters' technical analyst Wang Tao.

MARKET NEWS

* Asian share markets tried to regain their footing on Thursday after a steep sell-off, while a rally in Treasuries dented the dollar and lifted the yen as U.S. economic worries raised the odds of the Federal Reserve going big on rate cuts. MKTS/GLOB

DATA/EVENTS (GMT)

0600 Germany Industrial Orders MM July

0600 Germany Manufacturing O/P Cur Price SA July

0600 Germany Consumer Goods SA July

0830 UK S&P Global PMI: MSC Composite - Output August

1230 US Initial Jobless Clm 31 August, w/e

1345 US S&P Global Comp Final PMI August

1345 US S&P Global Svcs PMI Final August

1400 US ISM N-Mfg PMI August

($1 = 4.3320 ringgit)

Reporting by Dewi Kurniawati; Editing by Eileen Soreng

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