VEGOILS-Market factors to watch Dec 9

Reuters

The following factors are likely to influence Malaysian palm oil futures and

other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures ended higher on Friday on growers' estimates that

output in the world's No. 2 producer had fallen steeply, and on floods that

could delay harvesting.

* Soybeans fell on Friday for the second straight day and ended nearly 1 percent

lower for the week under pressure from prospects for bumper crops in South

America.

* U.S. oil ended with its largest weekly percentage gain since July on Friday

amid hopes for increased demand following strong jobs data from the United

States, the world's top oil consumer.

MARKET NEWS

* Asian markets were poised to move higher on Monday, energised by a potent

cocktail of upbeat Chinese trade data, a weaker yen and a firm finish on Wall

Street.

* U.S. crude oil ended up for a sixth day on Friday in its longest rally since

July and gold and many other commodities rose too as stronger-than-expected

hiring by American employers in November boosted confidence in the No. 1

economy.

RELATED NEWS

> China's Nov commodities imports rebound, iron ore hits record

> Stiglitz sees Latam growth thanks to Chinese demand for food

> German biodiesel exports rise sharply to U.S.

> Argentina not planning to cut soy export tax -sources

> India's Nov soymeal exports jump almost three-fold on month

> Boehner blasts lack of farm-bill progress, supports extension

> Argentine farmers halfway through soy planting -exchange

DATA/EVENTS

> Industry regulator the Malaysian Palm Oil Board (MPOB) will release data on

Malaysia's end-November palm oil stocks, exports and production on Dec. 10.

> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance

will release Malaysia's Dec. 1-10 palm oil export data on Dec. 10.

Soy and crude oil prices at 0007 GMT

Contract Month Last Change Low High Volume

CBOT SOY OIL JAN4 40.49 +0.00 0.00 0.00 0

NYMEX CRUDE JAN4 97.71 +0.06 97.62 97.79 735

CBOT soy oil in U.S. cents per pound

Crude in U.S. dollars per barrel

* For a table on Malaysian physical palm oil prices, including refined oil,

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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 --

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