PALM NEWS MALAYSIAN PALM OIL BOARD Saturday, 04 Apr 2026

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MARKET DEVELOPMENT
VEGOILS-Market Factors to Watch Nov 23
calendar23-11-2015 | linkReuters | Share This Post:

23/11/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures fell on Friday on the back of a stronger ringgit, drawing little support from data showing a rise in export demand as this was in line with forecasts.

* Chicago Board of Trade wheat futures fell on Friday, pressured by improving crop conditions in the U.S. Plains and Midwest while corn and soybeans dropped on beneficial crop weather in South America, traders said.

* Crude oil futures lost ground on Monday in early Asian trading, as the global supply surplus pressured prices, but a cut in the number of U.S. oil rigs for an 11th week in the last 12 limited the falls.

MARKET NEWS

* Asian shares got off to a slow start Monday as a holiday in Japan sapped liquidity, while the prospect of more policy easing in Europe kept the euro on the defensive to the benefit of the U.S. dollar.

RELATED

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> U.S. feedlot cattle placements in October hit nearly 20-year low
> Saskatchewan seeks price protection in altering potash taxes

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's Nov 1-25 palm oil export data on November 25. Cargo surveyor SGS release Malaysian palm oil export data for the first 25 days of the month on

November 25.

Palm, soy and crude oil prices at 0045 GMT

Contract Month Last Change Low High Volume

MY PALM OIL DEC5 0 +0.00 0 0 0

MY PALM OIL JAN6 0 +0.00 0 0 0

MY PALM OIL FEB6 0 +0.00 0 0 0

CHINA PALM OLEIN JAN6 4100 +58.00 4072 4164 1059206

CHINA SOYOIL JAN6 5536 +110.00 5474 5552 285220

CBOT SOY OIL DEC5 27.90 -0.90 0.00 0.00 0

INDIA PALM OIL NOV5 383.40 -0.90 382.10 384.00 884

INDIA SOYOIL DEC5 610.90 +2.80 606.20 611.30 44785

NYMEX CRUDE JAN6 41.61 -0.29 41.43 41.66 4613

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