VEGOILS-Market factors to watch Apr 25
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Malaysian palm oil futures dipped on Tuesday evening, hitting their lowest in a week and
tracking overnight losses in related edible oils such as soyoil on the U.S. Chicago Board of
Trade and China's Dalian Commodity Exchange.
* U.S. wheat futures rallied on Tuesday, surging 2.4 percent on a bargain buying rebound after
falling to their lowest in nearly three weeks early in the session.
* Oil prices were stable on Wednesday, but were below more than three-year highs reached the
previous session as rising U.S. fuel inventories and production dragged on an otherwise bullish
market.
MARKET NEWS
* A gauge of world stocks tumbled on Tuesday, erasing early gains as U.S. bond yields scaled the
3 percent threshold for the first time in four years, while oil prices reversed course after
climbing above the $75 per barrel mark.
RELATED
> China-bound U.S. sorghum diverted to Saudi Arabia, Japan
> Rare New York cocoa premium over London surges to 41-year high
> USDA to evaluate new release schedule for livestock reports
> Freeport slides on Indonesia environment demands, weaker outlook
DATA/EVENTS
> Cargo surveyor AmSpec releases Malaysia's Apr 1-25 palm oil export data on Apr 25.
> Cargo surveyor SGS releases Malaysia's Apr 1-25 palm oil export data on Apr 25.
* 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.
Palm, soy and crude oil prices at 0101 GMT
Contract Month Last Change Low High Volume
MY PALM OIL MAY8 0 +0.00 0 0 0
MY PALM OIL JUN8 0 +0.00 0 0 0
MY PALM OIL JUL8 0 +0.00 0 0 0
CHINA PALM OLEIN SEP8 4978 -10.00 4968 4996 92610
CHINA SOYOIL SEP8 5766 -20.00 5758 5784 94352
CBOT SOY OIL JUL8 31.3 -0.90 31.25 31.32 1058
INDIA PALM OIL APR8 643.00 -0.90 641.40 643.9 648
INDIA SOYOIL MAY8 770.5 -2.25 770.25 776.5 11810
NYMEX CRUDE JUN8 67.87 +0.17 67.73 67.91 7869
Palm oil prices in Malaysian ringgit per tonne
CBOT soy oil in U.S. cents per pound
Dalian soy oil and RBD palm olein in Chinese yuan per tonne
India soy oil in Indian rupee per 10 kg
Crude in U.S. dollars per barrel
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 --
(Reporting by KL newsroom)
