VEGOILS-Market factors to watch June 20
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Malaysian palm oil futures slumped as much as 3 percent on Tuesday evening to their lowest in
two years, tracking weakness in related edible oils.
* U.S. soybean futures plunged to their lowest level in nearly a decade on Tuesday as escalating
trade tensions between the United States and China, the world's biggest soy buyer, prompted
fund-driven selling, analysts said.
* Oil prices rose in early Asian trading on Wednesday, supported by a drop in U.S. commercial
crude inventories reported by the American Petroleum Institute (API).
MARKET NEWS
* Global stock markets fell with U.S. bond yields and agricultural commodities on Tuesday, while
the dollar rose and investors flocked to safety in the face of a rapidly escalating U.S.-China
trade conflict.
RELATED
> U.S. grain, livestock prices tumble on China trade war fears
> COLUMN-China trade war could permanently scar U.S. soybean market -Braun
> Sugar poised for two surplus years after "enormous" output from India, Thailand
> Vitol expects proceeds of up to $2.2 bln from Australian Viva Energy IPO
> Dreaming of farming empire, Kazakhs seek management tips from Genghis Khan
DATA/EVENTS
> Cargo surveyor AmSpec releases Malaysia's June 1-20 palm oil export data on June 20.
> Cargo surveyor SGS releases Malaysia's June 1-20 palm oil export data on June 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 0040 GMT
Contract Month Last Change Low High Volume
MY PALM OIL JUL8 0 +0.00 0 0 0
MY PALM OIL AUG8 0 +0.00 0 0 0
MY PALM OIL SEP8 0 +0.00 0 0 0
CHINA PALM OLEIN SEP8 4608 -106.00 4584 4646 235986
CHINA SOYOIL SEP8 5472 -114.00 5452 5512 221526
CBOT SOY OIL JUL8 29 +0.15 28.99 29.08 2573
INDIA PALM OIL JUN8 629.60 -9.90 628.00 637.1 1590
INDIA SOYOIL JUN8 744.4 -1.40 743.8 746.35 7960
NYMEX CRUDE JUL8 65.31 +0.24 65.09 65.37 284
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)
