VEGOILS-Market factors to watch Feb 21

FUNDAMENTALS

* Malaysian palm oil futures fell to a one-month low on Wednesday with traders expecting a slower than forecast decline in February output. POI/

* Chicago Board of Trade wheat futures plunged yet again on Wednesday as traders fretted over lagging U.S. exports despite them being competitively priced in the global market. GRA/

* Crude prices rose more than 1 percent on Wednesday to their highest level this year on hopes that oil markets will balance later this year, helped by output cuts from top producers as well as U.S. sanctions on OPEC members Iran and Venezuela. O/R

MARKET NEWS

* An index of stocks across the globe hit a more than four-month high on Wednesday on hopes for progress in trade talks between the United States and China, and a supportive backdrop from major central banks also helped push risk assets higher. MKTS/GLOB

RELATED > U.S.-China trade war rattles agribusinesses, especially Bunge > Iraq yet to approve Russian wheat imports -trade minister > China confirms African swine fever hits Shandong province as national outbreak spreads > Egypt’s GASC says buys 360,000 tonnes of wheat in purchase tender > EXCLUSIVE-Kinder Morgan to expand Chicago ethanol hub to calm glut concerns -sources > Cargo surveyor AmSpec releases Malaysia’s Feb 1-25 palm oil export data on Feb 25. > Cargo surveyor SGS releases Malaysia’s Feb 1-25 palm oil export data on Feb 25. > Cargo surveyor ITS releases Malaysia’s Feb 1-25 palm oil export data on Feb 25.

Palm, soy and crude oil prices at 0045 GMT Contract

Month

Last Change

Low

High

Volume MY PALM OIL

MAR9

0

+0.00

0

0

0 MY PALM OIL

APR9

0

+0.00

0

0

0 MY PALM OIL

MAY9

0

+0.00

0

0

0 CHINA PALM OLEIN

MAY9

4706 -62.00

4690

4730

144948 CHINA SOYOIL

MAY9

5684 -44.00

5662

5712

132882 CBOT SOY OIL

MAR9

29.96

+0.00

0

0

0 INDIA PALM OIL

FEB9

569.60

+2.10

565.00

571.8

1163 INDIA SOYOIL

MAR9

768.9

-1.30

767.7

772.8

11230 NYMEX CRUDE

APR9

57.23

+0.07

57.11

57.30

4105

Palm oil prices in Malaysian ringgit 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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