VEGOILS-Market factors to watch Sept 26
The following factors are likely to influence Malaysian palm oil futures and
other vegetable oil markets.
FUNDAMENTALS
* Malaysian palm oil futures stretched gains into a third day on Thursday to
touch their highest in more than six weeks, buoyed by robust demand and
expectations that output would drop this month.
* U.S. wheat futures plunged more than 1 percent on Thursday to a four-year low
on fears that a rising dollar could hamper global demand for U.S. exports as
global supplies rise to a record high.
* Brent crude oil prices held steady while U.S. crude dipped slightly in choppy
trading on Thursday as abundant supply and a strong U.S. dollar largely
outweighed worries that conflict in the Middle East would disrupt output.
MARKET NEWS
* Asian shares got off to a rocky start on Friday after a sharp drop on Wall
Street, which curbed enthusiasm for the dollar even after the U.S. unit touched
multi-year highs in the previous session.
RELATED
> PREVIEW-Palm oil export battle to dominate India conference
> Malaysia's Sep 1-25 palm oil exports rose 34.6 pct -SGS
> Malaysia's Sept 1 - 25 palm oil exports rise 29.6 pct -ITS
> POLL-South Africa maize estimate seen little changed
> Wheat sinks as dollar rises; harvest hits corn and soy
> India's monsoon to retreat from grain areas next week
> Expectations for Thai sugar delivery against expiry scaled back
DATA/EVENTS
> Globoil India 2014 conference in Mumbai from Sept. 26 to Sept. 28.
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance
to release data on Malaysia's September palm oil exports on Sept. 30.
Palm, soy and crude oil prices at 0027 GMT
Contract Month Last Change Low High Volume
MY PALM OIL OCT4 0 +0.00 0 0 0
MY PALM OIL NOV4 0 +0.00 0 0 0
MY PALM OIL DEC4 0 +0.00 0 0 0
CHINA PALM OLEIN JAN5 5218 +0.00 5190 5278 635746
CHINA SOYOIL JAN5 0 +0.00 0 0 0
CBOT SOY OIL DEC4 32.77 +4.70 32.67 32.78 417
INDIA PALM OIL SEP4 470.20 +4.70 466.70 474.00 746
INDIA SOYOIL OCT4 611.00 -1.20 608.60 620.50 117845
NYMEX CRUDE NOV4 92.58 +0.05 92.43 92.61 1075
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
* For a table on Malaysian physical palm oil prices, including refined oil,
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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 --
