The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Asian vegetable oil markets fell on Friday, with futures in China and Malaysia declining by
2-4 percent, hit by the effects of a sell-off on China’s commodities market.
* U.S. corn and wheat futures rose on Friday to their highest levels in more than a week and
gained against soybeans as traders took profits on inter-market spreads, analysts said.
* Oil slipped on Friday on a stronger dollar and as investors cashed in on a three-day rally,
but prices still ended the week higher after production in Nigeria fell to its lowest in two
decades and wildfires slashed output from Canada’s oil sands.
MARKET NEWS
* The U.S. dollar rose to a more than two-week high against a basket of currencies on Friday
following strong U.S. economic data, putting pressure on oil prices, which fell after three days
of gains.
RELATED
> India’s monsoon rains expected a week late, weather office says
> Palm oil producers predict El Nino to hit 2016 output
> French Senate suspends palm oil tax, pesticide ban deadline
> China commodities selloff spreads, as steel suffers worst week since 2009
> China goes cold on platinum jewellery, crimping world demand
DATA/EVENTS
> Cargo surveyor ITS releases Malaysia’s May 1-15 palm oil export data on May 16.
> Cargo surveyor SGS releases Malaysia’s May 1-15 palm oil export data on May 16.
* 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 0031 GMT
Contract Month Last Change Low High Volume
MY PALM OIL JUN6 0 +0.00 0 0 0
MY PALM OIL JUL6 0 +0.00 0 0 0
MY PALM OIL AUG6 0 +0.00 0 0 0
CHINA PALM OLEIN SEP6 5172 -94.00 5104 5198 448852
CHINA SOYOIL SEP6 6022 -80.00 5982 6046 305806
CBOT SOY OIL JUL6 32.44 +1.20 32.4 32.48 537
INDIA PALM OIL MAY6 548.30 +1.20 539.00 548.5 2548
INDIA SOYOIL MAY6 639.9 -2.50 636.1 640 3660
NYMEX CRUDE JUN6 46.30 +0.09 46.15 46.45 5811
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 Praveen Menon)
