VEGOILS-Market factors to watch Sept 15
The following factors are likely to influence Malaysian palm oil futures and
other vegetable oil markets.
FUNDAMENTALS
* Malaysian palm oil futures edged up to touch their highest in over three weeks
on Friday, with prices recording a second straight weekly gain thanks to firm
soyoil markets overseas and a surge in crude palm oil export demand.
* U.S. wheat futures fell to a four-year low on Friday and posted their biggest
weekly loss since July on weak export prospects and rising global supplies,
traders said.
* Crude oil prices fell on Friday on pressure from weak demand, ample supplies
and a strong dollar.
MARKET NEWS
* The U.S. dollar ended higher for a ninth straight week against the euro on
Friday and hit six-year highs against the yen, helped by speculation the Federal
Reserve may strike a more hawkish tone when it meets next week.
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DATA/EVENTS
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance
to release Sept. 1-15 palm oil export data on Sept. 15
Palm, soy and crude oil prices at 0008 GMT
Contract Month Last Change Low High Volume
MY PALM OIL SEP4 0 +0.00 0 0 0
MY PALM OIL OCT4 0 +0.00 0 0 0
MY PALM OIL NOV4 0 +0.00 0 0 0
CHINA PALM OLEIN JAN5 5200 +18.00 5182 5210 167078
CHINA SOYOIL JAN5 0 +0.00 0 0 0
CBOT SOY OIL DEC4 32.59 -0.18 32.50 32.74 1241
NYMEX CRUDE OCT4 91.07 -1.20 90.63 92.37 9275
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
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 --
