U.S. Markets closed

VEGOILS-Market factors to watch Oct 23

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

other vegetable oil markets.


* Malaysian palm oil futures climbed to a fresh one-and-a-half month high on

Tuesday, reversing losses in the morning session on growers' estimates that

output in the world's second-largest producer fell in October instead of


* U.S. soybean futures turned lower on Tuesday on active harvesting of the U.S.

soybean crop and persistent reports of better-than-expected yields.

* U.S. oil prices sank below $98 to their lowest in nearly four months on

Tuesday, while European Brent held firm, as fears of a near-term U.S. crude

surplus pushed the spread between the two oil contracts to its widest gap since



* Australian stocks tested five-year highs and the dollar was stuck near a

two-year low against the euro on Wednesday after disappointing U.S. jobs data

firmly pushed expectations for the tapering of Federal Reserve stimulus into

next year.

* Gold surged on Tuesday after weaker-than-expected U.S. jobs creation in

September boosted the precious metal's safe haven edge, while the dollar's sharp

fall against the euro lifted other commodities priced in the U.S. currency.


> EU states back biodiesel duties on Argentina, Indonesia

> Taiwan's BSPA buys 120,000 T soybeans from U.S. -trade

> USDA says U.S. soybean harvest 63 pct complete, corn 39 pct

> USDA to make up for harvest samples missed during shutdown [ID;nL1N0IB1VF]


> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance

will release Malaysia's Oct. 1-25 palm oil export data on Oct. 25.

Key commodity markets at 2343 GMT

Contract Month Last Change Low High Volume

RINGGIT/USD 3.154 -0.02 3.157 3.168

CHINA PALM OLEIN MAY4 0 +0.00 0 0 0

CHINA SOYOIL MAY4 0 +0.00 0 0 0

CBOT SOYOIL DEC3 41.64 +0.12 0.00 0.00 0

NYMEX CRUDE DEC3 98.12 -0.18 98.05 98.20 1170

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 -- <0#BO:>

CBOT soybean futures -- <0#S:>

Indian solvent --

Weekly Indian vegetable oils --

Dalian Commodity Exchange --

Dalian soyoil futures -- <0#DBY:>

Dalian refined palm oil futures -- <0#DCP:>

Zhengzhou rapeseed oil -- <0#CRO:>

European edible oil prices/trades --