PALM NEWS MALAYSIAN PALM OIL BOARD Saturday, 04 Apr 2026

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MARKET DEVELOPMENT
VEGOILS-Market Factors to Watch March 18
calendar18-03-2015 | linkReuters | Share This Post:

18/03/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

 
FUNDAMENTALS

* Malaysian palm oil futures dived to their lowest in nearly seven weeks on Tuesday as worries over weak demand and doubts over Indonesia's ambitious biodiesel mandate prompted investors to unwind long positions.

* U.S. soybean futures sagged 1.5 percent to their lowest in almost five months on Tuesday, with export demand for U.S. supplies fading amid the expanding harvest in Argentina and Brazil, traders said.

* Oil prices came under renewed pressure in Tuesday's post-settlement trade, after a 3-day losing streak, as an industry group reported a huge build in U.S. crude inventories ahead of official data.

MARKET NEWS

* Stocks mostly ended lower on Tuesday as investors turned their focus to the Federal Reserve's two-day policy meeting, which is being closely watched for signs of when the U.S. central bank will raise interest rates.

RELATED

> Taiwan Sugar Corp. buys U.S. corn and soybeans in tender- trade
> EU beef, palm oil imports help fuel illegal logging, campaign group says - TRFN
> U.S. farmers seen cutting back on pricey fertilizers, may hit corn

DATA/EVENTS

> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance to release data on Malaysia's March 1-20 palm oil exports on March 20.

Palm, soy and crude oil prices at 0007 GMT

Contract Month Last Change Low High Volume
MY PALM OIL APR5 0 +0.00 0 0 0

MY PALM OIL MAY5 0 +0.00 0 0 0

MY PALM OIL JUN5 0 +0.00 0 0 0

CHINA PALM OLEIN SEP5 4590 -76.00 4578 4618 307892

CHINA SOYOIL SEP5 5346 -40.00 5338 5380 287268

CBOT SOY OIL MAY5 29.98 -5.70 29.93 30.00 347

INDIA PALM OIL MAR5 439.20 -5.70 436.00 444.90 1474

INDIA SOYOIL APR5 577.00 -7.15 574.20 584.10 48765

NYMEX CRUDE APR5 42.70 -0.76 42.44 42.73 3012

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