VEGOILS-Market factors to watch Oct 26
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Malaysian palm oil futures reversed gains from the more than two-year high reached the
previous day, as the market reacted to revised industry data and a strengthening ringgit on
Tuesday.
* U.S. wheat and corn futures were narrowly higher on Tuesday as traders covered short positions
after prices for each crop fell to the lowest levels in more than a week.
* Oil settled down on Tuesday, then U.S. crude slid furtherbelow $50 a barrel in post-settlement
trade after an industry group reportedthat U.S. oil inventories grew nearly three times as much
as forecast.
MARKET NEWS
* U.S. stocks fell on disappointing earnings reports on Tuesday, while the U.S. dollar slipped
from multi-month highs after Bank of England Governor Mark Carney cast doubt on expectations for
more monetary stimulus.
RELATED
> Brazil cuts into U.S. soybean market share with China sales
> U.S. agency searches for proof of criminal use of herbicide dicamba
> ChemChina ready for concessions to clinch delayed Syngenta deal in 2017
> Malaysia's Oct 1-25 palm oil exports fall 10.9 pct -ITS
DATA/EVENTS
> Cargo surveyor ITS releases Malaysia's Oct 1-25 palm oil export data on Oct 25.
> Cargo surveyor SGS releases Malaysia's Oct 1-25 palm oil export data on Oct 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 2354 GMT
Contract Month Last Change Low High Volume
MY PALM OIL NOV6 0 +0.00 0 0 0
MY PALM OIL DEC6 0 +0.00 0 0 0
MY PALM OIL JAN7 0 +0.00 0 0 0
CHINA PALM OLEIN JAN7 5968 -34.00 5876 6038 760050
CHINA SOYOIL JAN7 6736 -36.00 6682 6810 461156
CBOT SOY OIL DEC6 35.8 -3.60 0 0 0
INDIA PALM OIL OCT6 535.70 -3.60 533.40 538 883
INDIA SOYOIL NOV6 671.55 -1.80 669.3 673 41980
NYMEX CRUDE DEC6 49.28 -0.68 49.21 49.39 5270
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)
