PALM NEWS MALAYSIAN PALM OIL BOARD Wednesday, 08 Apr 2026

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MARKET DEVELOPMENT
VEGOILS-Market Factors to Watch July 19
calendar19-07-2016 | linkReuters | Share This Post:

19/07/2016 (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 to sell near a one-week high, as traders adjusted positions after a recent sharp sell-off, but caution prevailed due to weak export demand.

* U.S. corn futures firmed on Monday as forecasts for scorching heat this week in the Midwest, where the crop is pollinating, fueled concerns about yield prospects, traders said.

* Oil prices eased in early Asian trade on Tuesday as concerns over a crude and fuel oil glut outweighed an expected cut in U.S. shale production and a likely further draw in U.S. crude stocks.

MARKET NEWS

* Asian shares edged slightly lower in early Asian trade on Tuesday, as a downturn in crude oil curbed the enthusiasm from fresh record highs on Wall Street.

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Palm, soy and crude oil prices at 0036 GMT

Contract Month Last Change Low High Volume

MY PALM OIL AUG6 0 +0.00 0 0 0

MY PALM OIL SEP6 0 +0.00 0 0 0

MY PALM OIL OCT6 0 +0.00 0 0 0

CHINA PALM OLEIN SEP6 5246 -10.00 5198 5276 246042

CHINA SOYOIL JAN7 6240 -56.00 6172 6284 284040

CBOT SOY OIL DEC6 31.49 +6.10 31.43 31.54 646

INDIA PALM OIL JUL6 510.00 +6.10 505.10 510 1742

INDIA SOYOIL JUL6 629.15 +4.15 626.6 629.2 1980

NYMEX CRUDE AUG6 45.12 -0.12 45.11 45.36 1241

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