VEGOILS-Market factors to watch Sept. 2

Reuters

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

other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures eased on Friday as investors booked profits from

this week's rally that was fuelled by forecasts of dry weather in the

soy-producing U.S. Midwest, although healthy demand and a still-weak ringgit

stemmed the decline.

* 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.

* Brent crude oil fell in volatile trade on Friday ahead of a long holiday

weekend in the United States, as the Obama administration made a case for a

"limited" strike against Syria.

MARKET NEWS

* Stocks fell and U.S. Treasury prices gained on Friday after Secretary of State

John Kerry made a forceful case for the United States to punish Syrian President

Bashar al-Assad as he released evidence the Syrian government used chemical

weapons to attack civilians.

* 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 7.5 percent-ITS

> Emerging currency crisis boosts sugar exports, pressures price

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

> USDA sells to biofuel firm at loss in sugar-for-ethanol program

> IGC raises global wheat, maize 2013/14 forecasts

DATA/EVENTS

> Cargo surveyor Societe Generale de Surveillance to release Malaysia's August

export data on Monday.

Key commodity markets at 2304 GMT

Contract Month Last Change Low High Volume

RINGGIT/USD 3.285 -0.03 0 0

CHINA PALM OLEIN JAN4 0 +0.00 0 0 0

CHINA SOYOIL JAN4 0 +0.00 0 0 0

CBOT SOYOIL DEC3 44.29 +0.00 0.00 0.00 0

NYMEX CRUDE OCT3 105.84 -1.81 104.21 107.15 7328

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,

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

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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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