VEGOILS-Market factors to watch August 16
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 their lowest in nearly two
weeks in the second half of trade, tracking losses in U.S. soyoil and on weak
export demand.
* U.S. grains and oilseed futures fell on Wednesday, pressured by broad selling
in commodities and equities as a firmer dollar prompted worries about export
prospects for American supplies, traders and analysts said.
* Oil futures slid on Wednesday, with U.S. crude settling 3 percent lower after
government data showed a surprise weekly increase in domestic crude stockpiles,
compounding worries about the global economic growth outlook.
MARKET NEWS
* Equities around the world took a dive led by emerging market stocks on
Wednesday and commodities tumbled as investors looked for safety due to worries
about China and Turkey.
RELATED
> NOPA July soy crush 167.733, second biggest monthly total
> BREAKINGVIEWS-Soybeans strain Beijing's trade war messaging
> China sells 20,113 T of imported 2011 soyoil at auction of state reserves
DATA/EVENTS
> Cargo surveyor AmSpec releases Malaysia's Aug 1-20 palm oil export data on Aug
20.
> Cargo surveyor SGS releases Malaysia's Aug 1-20 palm oil export data on Aug
20.
* 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 0057 GMT
Contract Month Last Change Low High Volume
MY PALM OIL SEP8 0 +0.00 0 0 0
MY PALM OIL OCT8 0 +0.00 0 0 0
MY PALM OIL NOV8 0 +0.00 0 0 0
CHINA PALM OLEIN JAN9 4856 -54.00 4800 4898 178098
CHINA SOYOIL JAN9 5832 -48.00 5778 5878 236078
CBOT SOY OIL DEC8 28.14 -0.20 28.1 28.21 1231
INDIA PALM OIL AUG8 595.70 -0.20 592.20 596.7 725
INDIA SOYOIL AUG8 733 -0.80 726.5 734.2 5280
NYMEX CRUDE SEP8 64.60 -0.41 64.43 64.96 11008
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)
