VEGOILS-Market factors to watch March 7

FUNDAMENTALS

* Malaysian palm oil futures eased on Wednesday evening on bearish price and production forecasts at an industry conference in Kuala Lumpur. POI/

* U.S. corn and soybean futures fell roughly 1 percent on Wednesday and wheat slipped nearly 3 percent on sluggish export demand for U.S. grains and a lack of news on U.S.-Chinese trade negotiations, traders said. GRA/

* Oil prices eased on Thursday, dragged down by record U.S. crude output and rising commercial fuel inventories. O/R

MARKET NEWS

* A gauge of global stocks lost ground for a third straight session on Wednesday, unable to build momentum from a jump in Chinese equities, while the Canadian dollar weakened after a dovish turn by the Bank of Canada. MKTS/GLOB

RELATED > PREVIEW-Malaysia Feb palm oil stockpiles seen at 4-month low -Reuters survey > COLUMN-Much work ahead if U.S. grain exporters hope to meet gov’t target -Braun > Canada’s Richardson disputes China claim of ‘hazardous pests’ in canola > Egypt’s GASC says buys 42,000 tonnes of soyoil in tender > Key Brazil soybean road leading to northern ports closed until Friday > Cargo surveyor AmSpec releases Malaysia’s Mar 1-10 palm oil export data on Mar 11. > Cargo surveyor SGS releases Malaysia’s Mar 1-10 palm oil export data on Mar 11. > Cargo surveyor ITS releases Malaysia’s Mar 1-10 palm oil export data on Mar 11.

Palm, soy and crude oil prices at 0101 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

4614 -32.00

4602

4634 179262 CHINA SOYOIL

MAY9

5770 -50.00

5736

5838 287432 CBOT SOY OIL

MAR9

29.51

+0.00

0

0

0 INDIA PALM OIL

MAR9

547.50

-1.90 545.90

551.9

607 INDIA SOYOIL

MAR9

762.8

+0.40

760.5

767.5

14070 NYMEX CRUDE

APR9

56.14

-0.08

56.10

56.22

4361 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:

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