VEGOILS-Market factors to watch Aug 25
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Malaysian palm oil futures saw a second day of gains on Wednesday due to tight supplies and
expectations of stronger export data.
* U.S. soybeans and grains dipped on Wednesday, weighed down by abundant harvest prospects in
key countries.
* Oil prices tumbled on Wednesday, with U.S. crude settling about 3 percent lower, after an
unexpectedly large inventory build in the world's biggest oil consumer renewed worries about
oversupply.
MARKET NEWS
* Asian stocks slipped on Thursday, taking their cue from an overnight drop on Wall Street,
while the dollar marked time ahead of Friday's speech by Federal Reserve Chair Janet Yellen at
the global central bankers' meeting.
RELATED
> Western Iowa corn yield forecast, soy pod counts above average
> Canada takes tougher line with China over canola export dispute
> Egypt's GASC postpones raw sugar tender until Sept. 3
> Syria postpones tender for 1 mln T Russian wheat
> India to receive normal rains, not surplus, as La Nina chances fade
DATA/EVENTS
> Cargo surveyor ITS releases Malaysia's Aug 1-25 palm oil export data on Aug 25.
> Cargo surveyor SGS releases Malaysia's Aug 1-25 palm oil export data on Aug 25.
* 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 0059 GMT
Contract Month Last Change Low High Volume
MY PALM OIL SEP6 0 +0.00 0 0 0
MY PALM OIL OCT6 0 +0.00 0 0 0
MY PALM OIL NOV6 0 +0.00 0 0 0
CHINA PALM OLEIN JAN7 5556 -22.00 5552 5616 463588
CHINA SOYOIL JAN7 6334 -84.00 6330 6420 277650
CBOT SOY OIL DEC6 33.88 -4.00 33.83 33.94 492
INDIA PALM OIL AUG6 565.20 -4.00 565.00 572.5 999
INDIA SOYOIL SEP6 658.2 -2.20 657.5 665.8 55490
NYMEX CRUDE OCT6 46.80 +0.03 46.72 46.85 3629
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)
