PALM NEWS MALAYSIAN PALM OIL BOARD Monday, 06 Apr 2026

Total Views: 171
MARKET DEVELOPMENT
VEGOILS-Market Factors To Watch Jan 15
calendar15-01-2016 | linkReuters | Share This Post:

15/01/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures fell on Thursday to reverse its morning session of gains as demand for the vegetable oil wanes on slowing exports.

* U.S. wheat fell for the second straight day on Thursday, pressured by technical selling, ample global supplies, lackluster demand for U.S. shipments and dragged by Paris futures which hit a contract low early in the session.

* Oil rebounded on Thursday, snapping an eight-day rout, as investors covered short positions but the market settled not far from 12-year lows on worries Iran may add barrels to a glutted global market sooner than expected.

MARKET NEWS

* Asian stocks won a temporary reprieve on Friday after oil prices snapped their eight-day rout, helping to lift battered energy shares even as investors remained on edge as they looked for signs of stability in China's economy and its volatile markets.

RELATED

> Chemical container blaze restricts Brazil's Santos port

> FOB Gulf Grain-Spot soybean premiums firm on river shipping woes

> ICE Canada canola edges higher on crusher, exporter buying

> RPT-Crude oil tumble hits Southeast Asia's biodiesel ambitions

> U.S. Cash Grains-Corn, soy basis bids firm along the Mississippi River

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's Jan 1-15 palm oil export data on January 15.

> Cargo surveyor SGS releases Malaysia's Jan 1-15 palm oil export data on January 15.

> MPOB releases Malaysia's January 2016 data on February 10.

Palm, soy and crude oil prices at 0053 GMT

Contract Month Last Change Low High Volume

MY PALM OIL JAN6 0 +0.00 0 0 0

MY PALM OIL FEB6 0 +0.00 0 0 0

MY PALM OIL MAR6 0 +0.00 0 0 0

CHINA PALM OLEIN MAY6 4640 -8.00 4612 4644 375576

CHINA SOYOIL MAY6 5530 -16.00 5504 5540 232790

CBOT SOY OIL MAR6 29.75 -0.50 0.00 0.00 0

INDIA PALM OIL JAN6 419.50 -0.50 416.40 421.90 1202

INDIA SOYOIL JAN6 610.80 +4.70 606.70 611.10 9410

NYMEX CRUDE FEB6 30.88 -0.32 30.87 31.18 3716

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