VEGOILS-Market Factors to Watch June 27
27/06/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
FUNDAMENTALS
* Malaysian palm oil futures fell on Friday evening for a third consecutive week of losses, tracking declining rival vegetable oils and amid investor concerns over Britain's vote to leave the European Union.
* U.S. corn and soybeans fell on Friday, caught up in a broad commodity sell-off as investors shed risky assets following Britain's vote to leave the European Union.
* Oil prices dropped around half a percent on Monday, extending sharp declines after Britain's vvote to leave the European Union sparked a sharp selloff in global markets on Friday amid concerns over risk aversion.
MARKET NEWS
* Asian stocks opened weaker and the British pound fell almost 2 percent in early Asian trade on Monday as markets struggled to shake off deep uncertainty sparked by Britain's decision to leave the European Union.
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Palm, soy and crude oil prices at 0025 GMT
Contract Month Last Change Low High Volume
MY PALM OIL JUL6 0 +0.00 0 0 0
MY PALM OIL AUG6 0 +0.00 0 0 0
MY PALM OIL SEP6 0 +0.00 0 0 0
CHINA PALM OLEIN SEP6 5060 -22.00 5000 5064 136674
CHINA SOYOIL SEP6 5942 -40.00 5888 5952 113024
CBOT SOY OIL DEC6 31.82 +0.50 31.64 31.87 729
INDIA PALM OIL JUN6 508.00 +0.50 505.40 509.4 586
INDIA SOYOIL JUL6 643.65 +1.10 638 645.9 46250
NYMEX CRUDE AUG6 47.12 -0.52 46.92 47.82 12009
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