KUALA LUMPUR, Aug 8 (Reuters) -Malaysian palm oil futures rose on Thursday after a three-day losing streak, buoyed by stronger rival Dalian contracts and firmer crude oil prices.

The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange gained 31 ringgit, or 0.84%, to 3,728 ringgit ($834.75) a metric ton by 0327 GMT.

The contract had closed near seven-month lows in the previous two sessions.

FUNDAMENTALS

* Dalian's most-active soyoil contract DBYcv1 rose 1.32%, while its palm oil contract DCPcv1 added 0.74%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 0.29%.

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

* Oil prices edged higher on Thursday for the third straight session after government data showed a steep draw in U.S. crude stockpiles, rebounding from multi-month lows touched this week. O/R

* Brent crude futures LCOc1 gained 0.2% at $78.49 a barrel by 0322 GMT. Stronger crude oil futures make palm a more attractive option for biodiesel feedstock.

* The ringgit MYR=, the palm's currency of trade, strengthened 0.71% against the dollar, making the commodity more expensive for buyers holding foreign currencies.

* Palm oil is expected to rise into a range of 3,784 ringgit to 3,789 ringgit per metric ton, as it has found support in the zone of 3,671 ringgit to 3,704 ringgit, Reuters technical analyst Wang Tao said. TECH/C

MARKET NEWS

* Tech shares led a selloff in stock markets around Asia, while the yen and U.S. bonds rebounded, as global investors struggled to find their footing in a wild week for markets. MKTS/GLOB

DATA/EVENTS

0130 China PPI YY July

0130 China CPI YY July

0600 Germany HICP Final YY July

($1 = 4.4660 ringgit)

Reporting by Danial Azhar; Editing by Janane Venkatraman

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