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VEGOILS-Market factors to watch Jan 24

Reuters

The following factors are likely to influence Malaysian palm oil futures and

other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures reversed earlier losses to rise to their highest in

nearly five months on Wednesday evening, charting a fourth day of gains, on a

weaker ringgit and tracking gains in U.S. soyoil on the Chicago Board of Trade.

* U.S. soybean futures rose on Wednesday on worries about poor crop weather

reducing yield potential in South America, analysts said, while traders

continued to watch for any developments in U.S. trade relations with top global

soy buyer China.

*Oil prices slipped on Wednesday as the European Union seeks to circumvent U.S.

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trade sanctions against Iran, and on weaker U.S. gasoline prices.

MARKET NEWS

* Asian shares rose on Thursday after Wall Street managed to end higher, but

gains were capped by political uncertainty in the United States and worries

about weakening global economic growth.

RELATED

> Malaysia could curb French purchases if palm oil use restricted

> Brazil 2018/2019 soybean crop to be lower than expected due to drought -poll

> COLUMN-Brazil eyes fix for grain export logistics, U.S. should take note

DATA/EVENTS

> Cargo surveyor AmSpec releases Malaysia's Jan 1-25 palm oil export data on Jan

25.

> Cargo surveyor SGS releases Malaysia's Jan 1-25 palm oil export data on Jan

25.

> Cargo surveyor ITS releases Malaysia's Jan 1-25 palm oil export data on Jan

25.

Palm, soy and crude oil prices at 0106 GMT

Contract Month Last Change Low High Volume

MY PALM OIL FEB9 0 +0.00 0 0 0

MY PALM OIL MAR9 0 +0.00 0 0 0

MY PALM OIL APR9 0 +0.00 0 0 0

CHINA PALM OLEIN MAY9 4760 +6.00 4752 4774 145308

CHINA SOYOIL MAY9 5684 +8.00 5660 5696 125164

CBOT SOY OIL MAR9 29.38 +0.00 0 0 0

INDIA PALM OIL JAN9 554.20 -3.10 552.50 558.9 860

INDIA SOYOIL FEB9 760.45 -6.70 759.7 772 16420

NYMEX CRUDE MAR9 52.52 -0.10 52.35 52.59 8440

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)