VEGOILS-Market factors to watch Sept 17

Reuters

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

other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures edged up on Friday, as buying interest surged after

prices fell to the lowest in more than three weeks, although fears remained that

stocks of the tropical oil would surge.

* U.S. soybeans fell 2 percent on Monday for the second straight session as

forecasts for more rain this week eased concerns about declining U.S. harvest

prospects and offset a tighter-than-expected supply outlook from the government.

* Global oil prices fell on Monday after U.S. and Russian officials reached a

weekend deal to strip Syria of chemical weapons, easing investor worries.

MARKET NEWS

* Stocks and bonds on major markets rose on Monday after former U.S. Treasury

Secretary Lawrence Summers withdrew from consideration to be the next chairman

of the Federal Reserve, leading investors to believe U.S. monetary policy might

stay looser for longer.

* Oil prices closed sharply lower on Monday after the U.S. and Russia reached an

agreement over the weekend to seize chemical weapons from Syria, and gold ended

weaker as investors remained skittish ahead of the Federal Reserve's policy

setting meeting.

RELATED NEWS

> Indonesia's anti-cartel body targets soybean imports

> U.S. soy crush slows; soyoil stocks near 8-yr low - NOPA

> Soybeans fall 2 pct as rain tempers worries

> Thai police clash with protesters rejecting rubber deal

> ICE cocoa hits one-year high on demand outlook, crop worry

> Rains improve Ivorian cocoa outlook, but spawn disease fears

DATA/EVENTS

> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance

will release Malaysia's Sept. 1-15 palm export data on Sept. 17 due to the

Malaysia Day holiday weekend.

> Malaysia's government to set its crude palm oil export tax for October on

Sept. 17.

Key commodity markets at 2330 GMT

Contract Month Last Change Low High Volume

RINGGIT/USD 3.288 +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 42.35 -0.02 0.00 0.00 0

NYMEX CRUDE OCT3 106.04 -0.55 106.01 106.23 889

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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