The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Malaysian palm oil futures rose almost 3 percent on Monday, hitting highest in more than seven
weeks, supported by speculative buying ahead of export data and firmer soybean prices.
* U.S. corn surged to a one-month high while wheat and soybean futures also rose sharply on
Monday as investors bet the U.S. Department of Agriculture will reduce crop production forecasts
in reports due in the coming weeks.
* Brent fell almost 4 percent on Monday, narrowing U.S. crude’s discount against the global oil
benchmark to the lowest level since January, after an industry report of a large supply draw and
government data forecasting lower U.S. crude output.
MARKET NEWS
* Asian shares and the dollar inched higher on Tuesday but caution reigned after Wall Street
skidded as investors awaited this week’s U.S. Federal Reserve policy decision.
RELATED
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> Russian wheat prices flat ahead of state decision on export tax
DATA/EVENTS
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance to release data
on Malaysia’s September 1-15 palm oil exports on September 15.
Palm, soy and crude oil prices at 0023 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 4364 +50.00 4352 4382 376900
CHINA SOYOIL JAN6 5448 +40.00 5438 5468 243874
CBOT SOY OIL DEC5 27.17 +6.50 27.05 27.20 932
INDIA PALM OIL SEP5 392.10 +6.50 387.00 394.00 2397
INDIA SOYOIL OCT5 564.80 -0.45 562.60 568.00 36665
NYMEX CRUDE OCT5 44.24 +0.24 44.09 44.34 1866
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 —
