VEGOILS-Market factors to watch Sept. 3

Reuters

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

other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures inched up on Monday on expectations that healthy

exports will persist into September, fuelling hopes that end-stocks in the

world's No.2 producer will not spike for now.

* U.S. soybean futures sank to a one-week low on Friday on forecasts for rain

and cooler temperatures to relieve stressful crop conditions across the U.S.

Midwest grain belt.

* Benchmark Brent crude oil prices eked out a small gain on Monday, reversing a

deep early slide amid upbeat economic data, North Sea output woes and a new

French report on Syria's use of chemical weapons.

MARKET NEWS

* A delay in potential U.S. military action in Syria and improving economic data

from China and Europe lifted world share markets on Monday and sent safe-haven

government bonds, gold and the Japanese yen lower.

* Oil and gold prices fell again on Friday after Britain refused to back a

U.S.-led military strike on Syria, but both markets ended August sharply higher

after rallying with other commodities in recent weeks.

RELATED NEWS

> Malaysia's August palm exports up 6.5 percent-ITS

> Malaysia's August palm oil exports up 7.6 pct-SGS

> Cooler, wetter U.S. weather outlook drags down corn, soy

> Brazil's commodities exports rise over dry August

> For Wyoming town of one, rebirth as a hub for Vietnamese coffee

> China says to boost corn imports despite bumper harvest

> Protests by Thai rubber farmers force delays in shipments

> Syria tenders fail, raising doubt over Assad ability to buy food

> Indonesia's Sulawesi Aug cocoa exports rise 109 pct y/y -industry

Key commodity markets at 2303 GMT

Contract Month Last Change Low High Volume

RINGGIT/USD 3.271 -0.01 0 0

CHINA PALM OLEIN JAN4 0 +0.00 0 0 0

CHINA SOYOIL JAN4 0 +0.00 0 0 0

CBOT SOYOIL DEC3 44.16 -0.13 0.00 0.00 0

NYMEX CRUDE OCT3 106.78 -0.87 104.21 107.31 49762

CBOT soy oil in U.S. cents per pound

Dalian soy oil in Chinese yuan per tonne

Crude in U.S. dollars per barrel

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

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* Reuters Terminal users can see cash and futures edible oil prices by

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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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