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
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)