The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Malaysian palm oil futures hit their lowest level in nearly three months on Monday, dragged
down by losses in Chinese vegetable oils, while a stronger ringgit also weighed on sentiment
earlier in the day.
* U.S. soybean futures fell on Monday on profit-taking as commodities fell broadly and soymeal
backed down from contract highs, analysts said.
* Oil prices eased again on Monday after Iran vowed to ramp up output and as the number of rigs
drilling for crude in the United States held steady after declining for eight straight weeks.
MARKET NEWS
* Asian shares were nearly flat in early trading on Tuesday, while the dollar rebounded from
steep losses against the yen in the previous session.
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DATA/EVENTS
> Cargo surveyor ITS releases Malaysia’s May 1-25 palm oil export data on May 25.
> Cargo surveyor SGS releases Malaysia’s May 1-25 palm oil export data on May 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 0036 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 4990 -46.00 4980 5028 273326
CHINA SOYOIL SEP6 5746 -46.00 5712 5766 213756
CBOT SOY OIL JUL6 31.19 +0.60 31.12 31.25 422
INDIA PALM OIL MAY6 531.20 +0.60 526.10 532 942
INDIA SOYOIL JUN6 639 +0.40 634.7 640.8 53520
NYMEX CRUDE JUL6 47.97 -0.11 47.94 48.12 2913
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 Rozanna Latiff)
