The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
FUNDAMENTALS
* Malaysian palm oil futures fell on Friday, ending three sessions of gains and dragged down by higher than forecast inventory data from the Malaysian Palm Oil Board (MPOB). POI/
* U.S. wheat Wc1 and corn Cc1 futures extended gains to set multi-month highs on Friday on follow-through buying after the U.S. Department of Agriculture slashed domestic stockpile estimates in a monthly report on Thursday. GRA/
* Oil prices rose on Friday after reports that OPEC members delivered more than 90 percent of the output cuts they pledged in a landmark deal that took effect in January. O/R
MARKET NEWS
* The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, with no mention of currency policy. MKTS/GLOB
RELATED > Pimco sees upside in corn markets, cautious on soybeans, aluminium > Speculators raise bearish ICE cocoa stance to 2012 high > China regulator still plans oil futures, weighs easing equity curbs -paper > BHP's Escondida copper mine declares force majeure on Chile strike > Freeport says no deal with Indonesia, export ban remains DATA/EVENTS > Cargo surveyor ITS releases Malaysia's Feb 1-15 palm oil export data on Feb 15. > Cargo surveyor SGS releases Malaysia's Feb 1-15 palm oil export data on Feb 15.
* For a table on Malaysian physical palm oil prices, including refined oil, Reuters Terminal users can double click on or type MYPALM/FLAT .
* To view freight rates from Peninsula Malaysia/Sumatra to China, India, Pakistan and Rotterdam, please key in OILS/ASIA2 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 0046 GMT Contract
Month
Last
Change
Low
High
Volume MY PALM OIL
FEB7
0
+0.00
0
0
0 MY PALM OIL
MAR7
0
+0.00
0
0
0 MY PALM OIL
APR7
0
+0.00
0
0
0 CHINA PALM OLEIN
MAY7
6262
+18.00
6226
6280
221986 CHINA SOYOIL
MAY7
6962
+36.00
6918
6976
174842 CBOT SOY OIL
MAR7
34.61
-4.60
0
0
0 INDIA PALM OIL
FEB7
577.50
-4.60
569.50
585.6
2805 INDIA SOYOIL
FEB7
703.4
-2.75
701.6
711
9360 NYMEX CRUDE
MAR7
53.72
-0.14
53.71
53.95
5083
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
-- OILS/ASIA1 Malaysian palm oil exports
-- SGSPALM1
CBOT soyoil futures
-- 0#BO:
CBOT soybean futures
-- 0#S:
Indian solvent
-- SOLVENT01 Weekly Indian vegetable oils
-- OILS/IN
Dalian Commodity Exchange
-- DC/MENU
Dalian soyoil futures
-- 0#DBY:
Dalian refined palm oil futures -- 0#DCP:
Zhengzhou rapeseed oil
-- 0#COI:
European edible oil prices/trades -- OILS/E