The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Malaysian palm oil futures declined for a sixth session on Wednesday, as weakness in external
markets sapped appetite for the edible oil while a weak ringgit offered little support.
* U.S. soybean prices dropped on Wednesday on concern that interest rate cuts in China may not
be enough to stimulate growth in the key importer.
* Oil prices fell almost 2 percent on Wednesday after a huge drawdown in U.S. crude stockpiles
was offset by a larger-than-expected build in gasoline and distillates, which include diesel.
MARKET NEWS
* Wall Street rebounded sharply on Wednesday after six straight days of large declines caused by
China worries, while long-dated bond prices fell after a top Federal Reserve official scaled
back expectations of a September rate increase.
RELATED
> Malaysia’s Sime Darby sees palm oil at 1,900-2,000 rgt/t until September
> China soybean imports slow after yuan devaluation -traders
> Indonesia allows some corn imports from deals done before ban
> INTERVIEW-Louis Dreyfus’ Biosev bets on sugar market turnaround
> Asian grain importers make rare forward buys on low prices
DATA/EVENTS
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance to release data
on Malaysia’s August 1-31 palm oil exports on August 31.
Palm, soy and crude oil prices at 0041 GMT
Contract Month Last Change Low High Volume
MY PALM OIL SEP5 0 +0.00 0 0 0
MY PALM OIL OCT5 0 +0.00 0 0 0
MY PALM OIL NOV5 0 +0.00 0 0 0
CHINA PALM OLEIN JAN6 4190 +32.00 4172 4256 467560
CHINA SOYOIL JAN6 5308 +10.00 5286 5358 510570
CBOT SOY OIL DEC5 27.00 -1.30 26.91 27.18 1869
INDIA PALM OIL AUG5 363.50 -1.30 358.30 367.80 2156
INDIA SOYOIL OCT5 576.90 +8.00 568.60 576.90 90790
NYMEX CRUDE OCT5 39.22 -0.09 39.15 39.78 4269
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, 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.
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 —
