PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 07 Apr 2026

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MARKET DEVELOPMENT
Vegoils: Market Factors to Watch Sept 26 Friday
calendar26-09-2014 | linkReuters | Share This Post:

26/09/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.
   
FUNDAMENTALS
* Malaysian palm oil futures stretched gains into a third day on Thursday to touch their highest in more than six weeks, buoyed by robust demand and expectations that output would drop this month.
* U.S. wheat futures plunged more than 1 percent on Thursday to a four-year low on fears that a rising dollar could hamper global demand for U.S. exports as global supplies rise to a record high.
* Brent crude oil prices held steady while U.S. crude dipped slightly in choppy trading on Thursday as abundant supply and a strong U.S. dollar largely outweighed worries that conflict in the Middle East would disrupt output.
   
MARKET NEWS
* Asian shares got off to a rocky start on Friday after a sharp drop on Wall Street, which curbed enthusiasm for the dollar even after the U.S. unit touched multi-year highs in the previous session.
   
RELATED
> PREVIEW-Palm oil export battle to dominate India conference
> Malaysia's Sep 1-25 palm oil exports rose 34.6 pct -SGS    
> Malaysia's Sept 1 - 25 palm oil exports rise 29.6 pct -ITS 
> POLL-South Africa maize estimate seen little changed       
> Wheat sinks as dollar rises; harvest hits corn and soy     
> India's monsoon to retreat from grain areas next week      
> Expectations for Thai sugar delivery against expiry scaled back
 
                   
DATA/EVENTS
> Globoil India 2014 conference in Mumbai from Sept. 26 to Sept. 28.
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance to release data on Malaysia's September palm oil exports on Sept. 30.
   
  Palm, soy and crude oil prices at 0027 GMT
                                                                           
  Contract        Month    Last   Change     Low    High  Volume
  MY PALM OIL      OCT4       0    +0.00       0       0       0
  MY PALM OIL      NOV4       0    +0.00       0       0       0
  MY PALM OIL      DEC4       0    +0.00       0       0       0
  CHINA PALM OLEIN JAN5    5218    +0.00    5190    5278  635746
  CHINA SOYOIL     JAN5       0    +0.00       0       0       0
  CBOT SOY OIL     DEC4   32.77    +4.70   32.67   32.78     417
  INDIA PALM OIL   SEP4  470.20    +4.70  466.70  474.00     746
  INDIA SOYOIL     OCT4  611.00    -1.20  608.60  620.50  117845
  NYMEX CRUDE      NOV4   92.58    +0.05   92.43   92.61    1075
                                                                           
  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