VEGOILS-Market factors to watch November 1
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Malaysian palm oil futures fell on Tuesday after four straight sessions of gains on weakness
in related edible oils, while shipment data from cargo surveyors did little to support the
market.
* U.S. wheat futures fell to contract lows on Tuesday as technical selling pressure dragged
prices lower for a fifth straight session.
* Oil prices settled higher again on Tuesday, notching a monthly gain of more than 5 percent,
but analysts said bullish sentiment that has driven Brent crude to its highest in more than two
years could encourage U.S. producers to export more oil.
MARKET NEWS
* World stocks advanced on Tuesday and set a record twelfth straight month of gains as Europe
outpaced the advance on Wall Street, while the dollar was flat but saw its best month since
February.
RELATED
> Green Pool lifts forecast for 2017/18 sugar surplus
> Lower Chinese wheat price may spur shift to more lucrative varieties
> ADM says profit tumbles and issues gloomy view; shares drop
> U.S. gasoline demand hits record high in August -EIA
> Argentina names farm lobby chief as new agriculture minister
DATA/EVENTS
> Cargo surveyor ITS releases Malaysia's Nov 1-10 palm oil export data on Nov 10.
> Cargo surveyor SGS releases Malaysia's Nov 1-10 palm oil export data on Nov 10.
* 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 0038 GMT
Contract Month Last Change Low High Volume
MY PALM OIL NOV7 0 +0.00 0 0 0
MY PALM OIL DEC7 0 +0.00 0 0 0
MY PALM OIL JAN8 0 +0.00 0 0 0
CHINA PALM OLEIN JAN8 5712 -14.00 5690 5724 92392
CHINA SOYOIL JAN8 6124 -2.00 6094 6130 91786
CBOT SOY OIL DEC7 34.78 -3.80 34.64 34.79 3183
INDIA PALM OIL NOV7 542.50 -3.80 540.20 547 1667
INDIA SOYOIL NOV7 676.8 +1.10 674.5 678.4 15950
NYMEX CRUDE DEC7 54.67 +0.29 54.55 54.68 5943
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)
