VEGOILS-Market factors to watch Sept 12

Reuters

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

other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures fell on Wednesday to the lowest in three weeks,

weighed down by concerns of rising production pushing stocks higher this month.

* U.S. soybean futures crawled higher on Wednesday as hot weather in the U.S.

Midwest encouraged traders to expect a lower harvest outlook in a government

report due on Thursday.

* Crude oil prices edged up in choppy trading on Wednesday as investors worried

about whether diplomatic efforts to eliminate Syria's chemical weapons would

avert military action that could disrupt oil supplies from the Middle East.

MARKET NEWS

* Fixed-income investors gobbled up $49 billion in notes sold by Verizon on

Wednesday, the largest-ever corporate bond sale in history, while global stocks

rose as tensions over a possible military strike on Syria eased, and the dollar

fell to a two-week low.

* Most commodities were little changed on Wednesday with benchmark crude oil

above $111 a barrel and copper holding steady too, as investors worried about

whether diplomatic efforts would avert a proposed U.S. strike on Syria.

RELATED NEWS

> Neste Oil aims to lift biofuels production by 15 pct by 2015

> Thai PTT plans to sell palm oil business in Indonesia

> China 2013 corn output to hit record high, cap imports-CNGOIC

> PREVIEW-US soy crop and stocks to keep shrinking - analysts

> Soy, corn, wheat edge up ahead of USDA harvest view

> Soy price premium to corn points to record soy acres in S.America

> Satisfied by govt subsidy, Thai rubber farmers call off protest

> PREVIEW-Weak rupee likely cuts India Aug vegoil imports by a fifth -survey

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 2344 GMT

Contract Month Last Change Low High Volume

RINGGIT/USD 3.258 -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 42.96 +0.00 0.00 0.00 0

NYMEX CRUDE OCT3 107.68 +0.12 107.63 107.79 881

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

chain, hit F12. To go back, hit F11.

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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