Advertisement
Singapore markets closed

  • Straits Times Index

    3,285.97
    -7.16 (-0.22%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Bitcoin USD

    63,999.20
    -2,310.86 (-3.48%)
     

  • CMC Crypto 200

    1,364.16
    -18.42 (-1.33%)
     

  • FTSE 100

    8,084.37
    +43.99 (+0.55%)
     

  • Gold

    2,337.10
    -1.30 (-0.06%)
     

  • Crude Oil

    82.83
    +0.02 (+0.02%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • 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 October 24

Reuters

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

other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures hit their highest in three days on Tuesday before

falling in the evening on declines in global markets and expectations of rising

October production.

* U.S. corn firmed slightly on Tuesday on light technical buying and a lack of

farmer hedging as farmers kept busy harvesting crops, analysts said.

* Oil prices on Tuesday extended falls from the previous day, when crude slumped

as much as 5 percent, after Saudi Arabia said it would make up for supply

disruptions from U.S. sanctions targeting Iran's petroleum exports from next

ADVERTISEMENT

month.

MARKET NEWS

* Asian stocks edged up on Wednesday as a late round of buying helped Wall

Street indexes pare most of their earlier panic-driven losses, although crude

oil struggled near two-month lows after Saudi Arabia flagged possible supply

increases.

RELATED

> China grain imports plunge in Sept amid trade war with US, higher prices

> Russia's Agriculture Ministry ups forecast for 2018 grain crop

> China's Guangdong province bans transport of live hogs as swine fever spreads

> Canadian farmers race to reap wheat while sun shines, but damage

done

DATA/EVENTS

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

20.

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

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 0103 GMT

Contract Month Last Change Low High Volume

MY PALM OIL NOV8 0 +0.00 0 0 0

MY PALM OIL DEC8 0 +0.00 0 0 0

MY PALM OIL JAN9 0 +0.00 0 0 0

CHINA PALM OLEIN JAN9 4754 -24.00 4744 4762 65826

CHINA SOYOIL JAN9 5752 -18.00 5722 5764 88082

CBOT SOY OIL DEC8 28.75 -0.01 28.7 28.75 512

INDIA PALM OIL OCT8 587.00 -2.50 585.50 590.5 1234

INDIA SOYOIL NOV8 762 -1.15 761.5 765.7 12330

NYMEX CRUDE DEC8 66.31 -0.12 66.10 66.41 11582

Palm oil prices in Malaysian ringgit 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)