VEGOILS-Market factors to watch Feb 27
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Malaysian palm oil futures recovered in late trade on Friday on forecasts of stronger export
data and short-covering ahead of the weekend.
* U.S. wheat futures fell to a two-week low on Friday and corn hit a 2-1/2-week low on technical
selling including fund long liquidation, analysts said.
* Oil prices fell about 1 percent on Friday as worries about rising U.S. supplies outweighed
OPEC pledges to boost compliance with output curbs.
MARKET NEWS
Asian stocks look set to edge lower for a second day on Monday as weak cues from U.S. share
markets and declining European government bond yields on political worries push investors to
take profits after a recent rally.
RELATED
> Australia, Indonesia restore full military ties, see progress on trade
> Malaysia's Feb 1-25 palm oil exports down 1.9 pct on month -ITS
> ANALYSIS-Funds prepare $2 bln oil market play as supply tightens
> Malaysia rolls out red carpet as Saudi king kicks off Asia tour
DATA/EVENTS
> Cargo surveyor ITS releases Malaysia’s Feb 1-20 palm oil export data on Mar 1.
> Cargo surveyor SGS releases Malaysia’s Feb 1-20 palm oil export data on Mar 1.
* 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 0047 GMT
Contract Month Last Change Low High Volume
MY PALM OIL MAR7 0 +0.00 0 0 0
MY PALM OIL APR7 0 +0.00 0 0 0
MY PALM OIL MAY7 0 +0.00 0 0 0
CHINA PALM OLEIN MAY7 5844 +52.00 5818 5868 180350
CHINA SOYOIL MAY7 6614 +38.00 6588 6624 133532
CBOT SOY OIL MAY7 32.67 +5.60 0 0 0
INDIA PALM OIL FEB7 548.10 +5.60 543.20 549 345
INDIA SOYOIL MAR7 656 +3.90 653.7 657 10160
NYMEX CRUDE APR7 54.02 +0.03 53.97 54.07 3059
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)
