* Palm drops nearly 1 pct to one week low on bearish sentiment

* Rising production estimate drags on market

stretching its losses into a third session, due to rising stocks and slowing

demand from key importing nations.

The January benchmark palm oil contract on the Bursa Malaysia

Derivatives Exchange closed 0.9 percent lower at 2,309 ringgit ($539.36) a tonne

by the end of the trading day. It had earlier reached a one-week low of 2,278

ringgit.

"We're seeing a follow through from selling yesterday," said a trader with a

foreign commodities brokerage in Kuala Lumpur.

"From what we've gathered so far from plantations, October's production

could be up 5 percent."

Traded volume stood at 46,443 lots of 25 tonnes each, above the average

35,000 lots usually traded in a day.

Palm fell in afternoon trade on Monday, as prices dropped on slowing demand,

inventory buildup and weak economic data from top palm oil consumer China.

Palm oil may fall to 2,264 ringgit per tonne, as it has broken a support at

2,319 ringgit, said Reuters market analyst for commodities and energy technicals

Wang Tao.

In other vegetable oil markets, the U.S. December soyoil contract

rose 0.1 percent while the January soybean oil contract on the Dalian

Commodity Exchange lost 0.3 percent.

Palm, soy and crude oil prices at 1002 GMT

Contract Month Last Change Low High Volume

MY PALM OIL NOV5 2210 -20.00 2210 2210 50

MY PALM OIL DEC5 2254 -20.00 2225 2256 1546

MY PALM OIL JAN6 2309 -22.00 2278 2314 26125

CHINA PALM OLEIN JAN6 4332 -70.00 4330 4406 993318

CHINA SOYOIL JAN6 5532 -16.00 5526 5572 595492

CBOT SOY OIL DEC5 27.87 +2.00 27.75 27.95 5008

INDIA PALM OIL NOV5 399.80 -5.00 397.30 404.70 2907

INDIA SOYOIL NOV5 621.85 -0.70 619.50 623.70 25260

NYMEX CRUDE DEC5 46.37 +0.23 45.96 46.45 25799

Palm oil prices in Malaysian ringgit per tonne

CBOT soy oil in U.S. cents per pound

Dalian soy oil and RBD palm olein in Chinese yuan per tonne

India soy oil in Indian rupee per 10 kg

Crude in U.S. dollars per barrel

($1 = 4.2810 ringgit)

($1 = 65.5800 Indian rupees)

($1 = 6.3357 Chinese yuan)