SINGAPORE, Nov 7- Malaysian palm oil futures gained on Wednesday and were on track to snap three days of losses, with investors buying after prices marked a one-month low earlier in the session and on concerns year-end floods in the country could hurt production.
"I heard there are worries about floods in the Johor area, and we have also see some technical buying," said a Singapore-based trader with a global commodities house, referring to the state that accounts for almost 15 percent of Malaysia's total palm production.
Malaysia's palm oil exports rose 10 percent to a 2012-high at 1.6 million tonnes in October, and the steep discount between palm oil and soybean oil could uncover more demand and help ease swelling stocks.
Stock levels in Malaysia, the world's No.2 palm oil producer, were projected to reach a record 2.67 million tonnes in October, a Reuters survey showed on Tuesday.
Traders will be looking for more trading clues as cargo surveyor Intertek Testing Services releases Malaysian exports data for Nov. 1-10 on Saturday and as industry regulator the Malaysian Palm Oil Board issues October stocks data on Monday.
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