Yahoo Finance VEGOILS-Market factors to watch Mar 21
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Malaysian palm oil futures climbed in Tuesday evening's trade to chart a second straight
session of gains on the back of stronger export data.
* Chicago Board of Trade wheat futures rose on Tuesday in a light recovery bounce after falling
to a seven-week low, but trade was cautious after weekend rains on the parched U.S. Plains
offered respite for the winter wheat crop.
* Oil prices climbed to their highest level in three weeks on Tuesday as tension in the Middle
East and the possibility of further falls in Venezuelan output helped offset the impact of
growing U.S. crude production.
MARKET NEWS
* A rise in oil prices to three-week highs helped lift equity markets worldwide on Tuesday,
while the U.S. dollar jumped ahead of a meeting of Federal Reserve policymakers, who are
expected to go ahead with the first of at least three U.S. rate hikes this year.
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DATA/EVENTS
> Cargo surveyor ITS releases Malaysia's Mar 1-25 palm oil export data on Mar 26.
> Cargo surveyor SGS releases Malaysia's Mar 1-25 palm oil export data on Mar 26.
* 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 0033 GMT
Contract Month Last Change Low High Volume
MY PALM OIL APR8 0 +0.00 0 0 0
MY PALM OIL MAY8 0 +0.00 0 0 0
MY PALM OIL JUN8 0 +0.00 0 0 0
CHINA PALM OLEIN MAY8 5140 +48.00 5114 5148 101460
CHINA SOYOIL MAY8 5652 +8.00 5644 5666 66686
CBOT SOY OIL MAY8 31.75 +0.01 31.69 31.81 902
INDIA PALM OIL MAR8 646.80 +8.20 638.80 646.8 842
INDIA SOYOIL APR8 784.6 +5.05 777.5 785 22700
NYMEX CRUDE MAY8 63.77 +0.23 63.65 63.85 6111
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)
