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VEGOILS-Market factors to watch November 17

Reuters

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

markets.

FUNDAMENTALS

* Malaysian palm oil futures rose on Thursday after five consecutive sessions of declines on a

technical correction, and with support from overnight gains in Chicago Board of Trade (CBOT)

soyoil.

* U.S. corn futures fell to new contract lows for the third straight day on Thursday as

lower-than-expected weekly export sales and abundant supplies weighed on the market.

* Oil prices ended lower again on Thursday on increased concerns about growth in U.S. production

and inventories, despite expectations that major world producers will extend a supply-cut deal

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later this month.

MARKET NEWS

* Asian shares rose on Friday as strong U.S. earnings and a step forward in the U.S. Congress on

tax reform brightened the mood, even though investors noted that many more hurdles must be

passed to reach a final deal on tax cuts.

RELATED

> European vegoils-Palm oil edges higher with futures on rebound

> EU 2017/18 soybean imports down 9 pct, palm oil up 3 pct

> -Sime Darby sees palm holding at 2,600-2,700 rgt/T until yr-end

> Profits triple at Malaysia palm oil company Sime Darby

> Saudi energy minister: market to remain oversupplied by March 2018

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's Nov 1-20 palm oil export data on Nov 20.

> Cargo surveyor SGS releases Malaysia's Nov 1-20 palm oil export data on Nov 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 0049 GMT

Contract Month Last Change Low High Volume

MY PALM OIL DEC7 0 +0.00 0 0 0

MY PALM OIL JAN8 0 +0.00 0 0 0

MY PALM OIL FEB8 0 +0.00 0 0 0

CHINA PALM OLEIN JAN8 5502 +16.00 5478 5510 55656

CHINA SOYOIL JAN8 5988 +4.00 5978 6008 79358

CBOT SOY OIL DEC7 34.43 -11.50 0 0 0

INDIA PALM OIL NOV7 543.60 -11.50 542.00 558.9 2049

INDIA SOYOIL NOV7 680.3 -7.55 680.1 686.45 2870

NYMEX CRUDE DEC7 55.23 +0.09 55.18 55.28 2421

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)