PALM NEWS MALAYSIAN PALM OIL BOARD Monday, 06 Apr 2026

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MARKET DEVELOPMENT
VEGOILS-Market Factors to Watch March 1
calendar01-03-2016 | linkReuters | Share This Post:

01/03/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures rose on Monday, extending gains for a third session, as traders expect to see inventories dip below the 2 million tonne mark at the end of February.

* Chicago Board of Trade corn futures fell on Monday for a fifth straight session, retreating from early advances as concerns about weak demand pressured the market, traders said.

* U.S. crude oil prices were steady in early Asian trading on Tuesday after lower domestic production as well as dipping output from OPEC tightened the market just as China further eased its monetary policy in a bid to boost consumption.

MARKET NEWS

* Asian shares rose slightly in early trade on Tuesday, with sentiment bolstered by China's easing move and gains in oil prices but also constrained by lacklustre U.S. and European data that kept concerns about global growth momentum alive.

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> Oil prices defend gains as output dips, China boosts consumption

> U.S. shale's message for OPEC: above $40, we are coming back

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's March 1-10 palm oil export data on March 10.

> Cargo surveyor SGS releases Malaysia's March 1-10 palm oil export data on March 10.

Palm, soy and crude oil prices at 0126 GMT

Contract Month Last Change Low High Volume

MY PALM OIL MAR6 0 +0.00 0 0 0

MY PALM OIL APR6 0 +0.00 0 0 0

MY PALM OIL MAY6 0 +0.00 0 0 0

CHINA PALM OLEIN MAY6 4936 +0.00 4914 4962 467998

CHINA SOYOIL MAY6 5660 +0.00 5648 5696 172350

CBOT SOY OIL MAY6 30.96 -4.50 30.89 30.98 1119

INDIA PALM OIL MAR6 488.30 -4.50 487.00 497.80 3217

INDIA SOYOIL MAR6 615.95 -6.20 614.50 624.50 34490

NYMEX CRUDE APR6 33.59 -0.16 33.60 34.03 12926

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