Advertisement
Singapore markets closed
  • Straits Times Index

    3,287.75
    -5.38 (-0.16%)
     
  • S&P 500

    4,999.89
    -71.74 (-1.41%)
     
  • Dow

    37,811.69
    -649.23 (-1.69%)
     
  • Nasdaq

    15,412.58
    -300.17 (-1.91%)
     
  • Bitcoin USD

    63,237.99
    -2,681.69 (-4.07%)
     
  • CMC Crypto 200

    1,370.06
    -12.52 (-0.91%)
     
  • FTSE 100

    8,052.58
    +12.20 (+0.15%)
     
  • Gold

    2,333.50
    -4.90 (-0.21%)
     
  • Crude Oil

    82.42
    -0.39 (-0.47%)
     
  • 10-Yr Bond

    4.7270
    +0.0750 (+1.61%)
     
  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     
  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     
  • FTSE Bursa Malaysia

    1,569.25
    -2.23 (-0.14%)
     
  • Jakarta Composite Index

    7,155.29
    -19.24 (-0.27%)
     
  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

VEGOILS-Market factors to watch July 19

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

other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures jumped more than 2 percent to a one-week high on

Wednesday evening, as the ringgit weakened and related edible oils recovered.

* U.S. grain and soybean futures touched their highest prices in about a week on

Wednesday, as agricultural markets stabilized following recent drops to contract

lows.

* Oil prices rose on Wednesday after U.S. government data indicated bullish

demand for gasoline and distillates, which overshadowed a surprise build in U.S.

crude inventories and U.S. crude oil production hitting 11 million bpd for the

ADVERTISEMENT

first time.

MARKET NEWS

* Stocks on major world markets climbed to a one-month high on Wednesday after

a raft of strong corporate earnings, while the U.S. dollar hit a three-week high

against major currencies.

RELATED

> Biofuel groups ask U.S. government to slow small refinery waiver program

> Malaysia to implement B10 biodiesel programme by mid-2019

> Russian steelmakers play down impact of EU's import curbs

> China Commerce Ministry says will have to take further measures to respond to

U.S. 232 tariffs on steel, aluminium

> Pulses import plunge in India to ripple across Canadian, Australian farms

DATA/EVENTS

> Cargo surveyor AmSpec releases Malaysia's July 1-20 palm oil export data on

July 20.

> Cargo surveyor SGS releases Malaysia's July 1-20 palm oil export data on July

20.

* 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.

Palm, soy and crude oil prices at 0055 GMT

Contract Month Last Change Low High Volume

MY PALM OIL AUG8 0 +0.00 0 0 0

MY PALM OIL SEP8 0 +0.00 0 0 0

MY PALM OIL OCT8 0 +0.00 0 0 0

CHINA PALM OLEIN SEP8 4682 +26.00 4668 4688 53622

CHINA SOYOIL SEP8 5508 +24.00 5496 5516 45978

CBOT SOY OIL DEC8 28.47 +0.00 28.4 28.52 786

INDIA PALM OIL JUL8 619.80 +5.80 614.30 619.9 939

INDIA SOYOIL JUL8 746 +2.70 742.5 746.5 5670

NYMEX CRUDE AUG8 68.96 +0.20 68.85 69.03 830

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

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)