Market factors to watch April 16

FUNDAMENTALS

* Malaysian palm oil futures fell to their lowest levels in two weeks, dropping for a third session in four as stockpiles remained high and exports came in weaker than forecast. POI/

* U.S. corn and soy futures edged higher on Monday as traders assessed the risk for wet weather to disrupt farmers’ spring plantings. GRA/

* Oil prices halted their rally on Monday, with both benchmarks down nearly 1 percent, after Russia’s finance minister said Russia and OPEC may decide to boost production to fight for market share with the United States, where output remains at record highs. O/R

MARKET NEWS

* Underwhelming quarterly results from U.S. banks limited gains in world stocks on Monday, and oil prices fell after Russia said it and OPEC may decide to boost production. MKTS/GLOB

RELATED > US wheat delegation in Brazil to gauge import demand under quota > Hopes for U.S.-China trade deal lift CBOT soy futures > Dryness dents grain yields in Spain, southeast EU – crop monitor > POLL-U.S. corn planting seen 5 pct complete; wheat ratings steady > Cargo surveyor AmSpec releases Malaysia’s Apr 1-20 palm oil export data on Apr 20. > Cargo surveyor SGS releases Malaysia’s Apr 1-20 palm oil export data on Apr 20. > Cargo surveyor ITS releases Malaysia’s Apr 1-20 palm oil export data on Apr 20. Palm, soy and crude oil prices at 0026 GMT Contract

Month

Last Change

Low

High

Volume MY PALM OIL

APR9

0

+0.00

0

0

0 MY PALM OIL

MAY9

0

+0.00

0

0

0 MY PALM OIL

JUN9

0

+0.00

0

0

0 CHINA PALM OLEIN MAY9

4430 -34.00

4422

4452

18448 CHINA SOYOIL

MAY9

5402 -36.00

5396

5422

24070 CBOT SOY OIL

MAY9

28.78

-0.03

28.73

28.78

465 INDIA PALM OIL

APR9

534.40

+0.10 533.10

536.4

299 INDIA SOYOIL

APR9

738.6

-0.45

737.5

740.1

4430 NYMEX CRUDE

MAY9

63.51

+0.11

63.47

63.60

3720 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

* 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.

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

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