VEGOILS-Market factors to watch April 2

Tue Apr 1, 2014 8:26pm EDT

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The following factors are likely to influence Malaysian palm oil futures and
other vegetable oil markets.
    
FUNDAMENTALS
* Malaysian palm oil futures ended lower on Tuesday, reversing gains in the
morning sesssion to a more than one-month low dragged by a lagging demand for
the tropical oil and a firm ringgit. 
* U.S. soybean futures rose 1.4 percent on Tuesday, with old-crop months hitting
fresh contract highs on follow-through buying after a government report
confirmed that the tight domestic supply situation is likely to persist until
harvest. 
* Brent crude oil futures fell in a steady slide on Tuesday to settle at nearly
a five month-low as poor manufacturing data from China and Europe weighed. U.S.
oil futures also fell as analysts looked toward another build in stocks
Wednesday. 
            
MARKET NEWS
* Asian share markets were looking to extend their recent rally on Wednesday as
investors chose to accentuate the positive in a mixed bag of global economic
data, pressuring safe havens such as the yen and government bonds. 
* Commodities had the best quarter in 18 months as trading for March ended on
Monday, with weather and economic growth likely to determine if gas, gold,
grains, lean hogs and coffee continue going higher and draw money into the
space.       
    
RELATED 
> Taiwan Sugar Corp. buys U.S. corn and soybeans- trade          
> Indian soybeans hit 19-1/2 month high on thin supplies-dealers 
  
    
DATA/EVENTS    
> nil
  Palm, soy and crude oil prices at 0026 GMT
                                                                           
  Contract        Month    Last   Change     Low    High  Volume
  MY PALM OIL      APR4       0    +0.00       0       0       0
  MY PALM OIL      MAY4       0    +0.00       0       0       0
  MY PALM OIL      JUN4       0    +0.00       0       0       0
  CHINA PALM OLEIN SEP4       0    +0.00       0       0       0
  CHINA SOYOIL     SEP4       0    +0.00       0       0       0
  CBOT SOY OIL     MAY4   41.53    +0.13   41.40   41.55     572
  NYMEX CRUDE      MAY4   99.68    -0.06   99.50   99.73    1308
                                                                           
  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
  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#COI:>  
European edible oil prices/trades --
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