The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Malaysian palm oil pulled back from a one-week high on Wednesday, with traders saying they
expected an increase in production in the third quarter that could eliminate any shortage of the
edible oil resulting from low output in July.
* U.S. corn futures fell on Wednesday, pressured by good weather for crop development across the
U.S. Midwest, traders said.
* Oil prices fell and U.S. crude settled below $ 50 a barrel on Wednesday after government data
showed crude inventories in the United States rose last week and as a stronger dollar and weaker
global equities applied pressure.
MARKET NEWS
* Global equity markets fell on Wednesday, pulled down by a weak revenue forecast at Apple Inc,
the world’s largest company, while a rebounding dollar after its biggest decline in a month
weighed on gold and some stocks.
RELATED
> Improving weather view pressures U.S. corn, soy, wheat
> High stocks to dampen sugar prices despite deficit outlook -ISO
> Weak sugar price recovery seen in 2016 even as deficit emerges
> Cocoa falls on heavy chart-based selling, sugar steadies
> Costa Group prices IPO near bottom of target range-source
DATA/EVENTS
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance to release data
on Malaysia’s July 1-25 palm oil exports on July 25.
Palm, soy and crude oil prices at 0005 GMT
Contract Month Last Change Low High Volume
MY PALM OIL AUG5 0 +0.00 0 0 0
MY PALM OIL SEP5 0 +0.00 0 0 0
MY PALM OIL OCT5 0 +0.00 0 0 0
CHINA PALM OLEIN JAN6 4864 -74.00 4816 4916 308024
CHINA SOYOIL JAN6 5666 -54.00 5602 5688 270496
CBOT SOY OIL DEC5 32.08 -3.30 32.04 32.11 349
INDIA PALM OIL JUL5 429.50 -3.30 427.10 433.00 788
INDIA SOYOIL AUG5 576.30 -4.15 576.00 581.90 46935
NYMEX CRUDE AUG5 51.67 +0.26 50.91 52.22 2214
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 —
