VEGOILS-Market factors to watch Jan 11
The following factors are likely to influence Malaysian palm oil futures and
other vegetable oil markets.
FUNDAMENTALS
* Malaysian palm oil futures declined at their sharpest daily rate in two weeks
by the end of trade on Thursday, snapping two sessions of gains, on bearish
official data on December inventories, production and exports.
* U.S. soybean futures dropped nearly 2 percent on Thursday, the steepest slide
since Nov. 26, reversing a week of gains due to a lack new purchases by China
following trade talks with the United States.
* Crude prices edged higher on Thursday, supported by comments from the U.S.
Federal Reserve chairman that lifted equity markets, but a more than week-long
oil rally slowed as optimism surrounding U.S.-China trade talks faded.
MARKET NEWS
* An index of world stock markets rose on Thursday as worries over the lack of
clear signs of a resolution to the U.S.-China trade spat were offset by an
assurance by Federal Reserve Chairman Jerome Powell that the U.S. central bank
has the ability to be patient on monetary policy.
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Russell
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DATA/EVENTS
> Cargo surveyor AmSpec releases Malaysia's Jan 1-15 palm oil export data on Jan
15.
> Cargo surveyor SGS releases Malaysia's Jan 1-15 palm oil export data on Jan
15.
> Cargo surveyor ITS releases Malaysia's Jan 1-15 palm oil export data on Jan
15.
> Industry regulator the Malaysian Palm Oil Board releases Malaysia's December
palm oil data on Jan 15.
Palm, soy and crude oil prices at 0059 GMT
Contract Month Last Change Low High Volume
MY PALM OIL JAN9 0 +0.00 0 0 0
MY PALM OIL FEB9 0 +0.00 0 0 0
MY PALM OIL MAR9 0 +0.00 0 0 0
CHINA PALM OLEIN JAN9 0 +0.00 0 0 0
CHINA SOYOIL JAN9 5200 +100.00 5148 5200 296
CBOT SOY OIL JAN9 27.94 +0.00 0 0 0
INDIA PALM OIL JAN9 540.60 +0.20 536.50 543.9 1101
INDIA SOYOIL JAN9 761 +0.75 756.5 763.95 9520
NYMEX CRUDE FEB9 52.28 -0.31 52.21 52.39 6352
Palm oil prices in Malaysian ringgit per tonne
India soy oil in Indian rupee per 10 kg
Crude in U.S. dollars per barrel
* For a table on Malaysian physical palm oil prices, including refined oil,
Reuters Terminal users can double click on or type.
* To view freight rates from Peninsula Malaysia/Sumatra to China, India,
Pakistan and Rotterdam, please key in 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 --
Malaysian palm oil exports --
CBOT soyoil futures --
CBOT soybean futures --
Indian solvent --
Weekly Indian vegetable oils --
Dalian Commodity Exchange --
Dalian soyoil futures --
Dalian refined palm oil futures --
Zhengzhou rapeseed oil --
European edible oil prices/trades --
(Reporting by KL newsroom)