Malaysian palm oil futures tracked rival oils lower on Tuesday, although expectations of a fall in December production limited the decline. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange slid 62 ringgit, or 1.29%, to 4,730 ringgit ($1,118.20) a tonne in early trade, heading for a second straight session of fall. It had fallen 0.1% during overnight trade. FUNDAMENTALS * The Southern Peninsula Palm Oil Millers" Association (SPPOMA) estimated production during Dec. 1-10 fell 2.8% from the same period in November, traders said on Monday. * India"s vegetable oil imports in November rose 11% from a year earlier to 1.17 million tonnes, as soyoil imports more than doubled, a leading trade body said. read more * Dalian"s most-active soyoil contract fell 1.5%, while its palm oil contract slipped 1.1%. Soyoil prices on the Chicago Board of Trade were down 0.34%. * 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 break a support at 4,751 ringgit per tonne, and fall into 4,625-4,676 ringgit range, Reuters technical analyst Wang Tao said. MARKET NEWS * Asian stocks and oil prices slipped as the spread of the Omicron coronavirus variant rattled investors who were already on edge ahead of a slew of central bank decisions this week, including a key Federal Reserve meeting. * Oil prices edged higher but price gains were capped due to investor worries about oil demand after renewed restrictions were imposed in Europe and Asia amid a rise in coronavirus cases. DATA/EVENTS 0700 UK Claimant Count Unem Chng Nov 0700 UK ILO Unemployment Rate Oct U.S. Federal Reserve"s Federal Open Market Committee starts its two-day meeting on interest rates ($1 = 4.2300 ringgit) Reporting by Mei Mei Chu; Editing by Subhranshu Sahu Our Standards: The Thomson Reuters Trust Principles.