VEGOILS-Market factors to watch June 11
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil
markets.
FUNDAMENTALS
* Malaysian palm oil futures hovered near a one-month low and extended losses into a fifth
straight session on Friday, tracking weaker soybean prices in Chicago, while slowing demand
growth and higher inventories also weighed.
* U.S. soybean futures slid for a fifth straight session on Friday and registered the steepest
weekly decline in 10 months as favorable U.S. crop weather and concerns over slowing export
trade weighed on prices.
* Oil prices fell on Friday as concerns about surging U.S. output and falling demand in China
weighed on the contract and JP Morgan cut its price forecast.
MARKET NEWS
* Stocks markets were expected to be on the defensive on Monday as a weekend G7 summit fanned
trade war fears after U.S. President Donald Trump backed out of a joint communique in a blow to
the group's efforts to show a united front.
RELATED
> French farmers start refinery blockade over palm oil imports
> Argentina to keep cutting soy export tax despite IMF deal -media
> Russian wheat export prices rise as crop forecast slashed
> Drought may cut Ukraine 2018 wheat harvest by 15-30 pct
> China Zhengzhou exchange to raise margin requirements, trading limits for coal, rapeseed
futures contracts
DATA/EVENTS
> Cargo surveyor AmSpec releases Malaysia's June 1-10 palm oil export data on June 11.
> Cargo surveyor SGS releases Malaysia's June 1-10 palm oil export data on June 11.
* 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
More in Business
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 0015 GMT
Contract Month Last Change Low High Volume
MY PALM OIL JUN8 0 +0.00 0 0 0
MY PALM OIL JUL8 0 +0.00 0 0 0
MY PALM OIL AUG8 0 +0.00 0 0 0
CHINA PALM OLEIN SEP8 4984 -14.00 4968 4988 54958
CHINA SOYOIL SEP8 5736 -38.00 5708 5750 159414
CBOT SOY OIL JUL8 30.45 -0.50 30.41 30.5 788
INDIA PALM OIL JUN8 645.50 -0.50 643.20 646.8 849
INDIA SOYOIL JUN8 748 -3.80 745.5 751.7 12220
NYMEX CRUDE JUL8 65.60 -0.14 65.30 65.64 5464
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)