VEGOILS-Market factors to watch Sept 13

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 Thursday, snapping three straight

sessions of losses after an early three-week low lured bargain hunters into the

market.

* U.S. corn futures tumbled on Thursday after the U.S. Department of Agriculture

surprised traders by increasing its harvest forecast despite a late-summer

stretch of hot, dry weather in key crop areas.

* Global oil prices rose for a second straight day on Thursday as investors

monitored diplomatic efforts to eliminate Syria's chemical weapons and Libya

declared force majeure on another three ports.

MARKET NEWS

* U.S. stocks slipped, safe-haven Treasuries prices rose and the dollar dipped

on Thursday as investors turned defensive before next week's Federal Reserve

policy meeting.

* Gold and copper prices fell on Thursday on speculation about the Federal

Reserve's next move on the U.S. stimulus program, while oil climbed for a

second day on renewed concerns over Syria.

RELATED NEWS

> Palm oil prices to drop sharply as supplies roll in -Mistry

> India's monsoon rainfall 37 pct below average in past week

> Corn futures sink on increased U.S. harvest outlook; soy soars

> ICE sugar rebound stalls, cocoa approaches 1-year high

> Marex Spectron sees 2013/14 global cocoa deficit

> India's bumper monsoon rains weaken further in retreat

> Huge Canada canola crop boon to crushers, exporters after off

year

DATA/EVENTS

> Cargo surveyors will release Malaysia's Sept. 1-15 palm export data on Sept.

17 due to Malaysia Day holiday weekend.

Key commodity markets at 2333 GMT

Contract Month Last Change Low High Volume

RINGGIT/USD 3.2761 +0.02 0 0

CHINA PALM OLEIN JAN4 0 +0.00 0 0 0

CHINA SOYOIL JAN4 0 +0.00 0 0 0

CBOT SOYOIL DEC3 43.03 +0.00 0.00 0.00 0

NYMEX CRUDE OCT3 108.58 -0.02 108.55 108.74 798

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

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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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