VEGOILS-Market factors to watch Sept 30

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 Friday, snapping three straight

sessions of losses and turning around weekly prices to post their first gain in

three weeks, although predictions of surging supplies in the coming months kept

investors wary.

* Chicago Board of Trade wheat futures reached a two-month high on Friday,

buoyed by short-covering and expectations of strong demand from China and

Brazil.

* Oil fell on Friday as tensions eased between the United States and Iran,

culminating in the first phone call between the two countries' presidents since

1979 and a pledge to work swiftly toward an agreement on Iran's nuclear program.

MARKET NEWS

* U.S. stock futures and the dollar came under pressure on Monday as a shutdown

of the U.S. government seemed increasingly likely, though the euro had political

troubles of its own as the Italian government teetered on the edge of collapse.

* Gold and wheat rallied on Friday and a few other commodities rose slightly,

adding to what was shaping to be the sector's best quarterly performance in a

year when the third quarter closes next week.

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Dec-April

DATA/EVENTS

> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance

will release Malaysia's September palm export data on Sept. 30.

Key commodity markets at 2334 GMT

Contract Month Last Change Low High Volume

RINGGIT/USD 3.226 +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 41.81 +0.00 0.00 0.00 0

NYMEX CRUDE NOV3 102.03 -0.84 101.80 102.54 4723

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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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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