30/06/2017 (The Star Online) - KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday June 30.

FUNDAMENTALS
* Malaysian palm oil futures charted their first rise in three sessions on Thursday, tracking gains in the performance of rival edible oils on the Chicago Board of Trade (CBOT) and China's Dalian Commodity Exchange.
* U.S. spring wheat futures charged to a three-year high on Thursday, fueled by fears that continued dry conditions in the northern U.S. Plains would cut supply of high-protein milling wheat.
* Crude oil futures on Friday were on track for their biggest weekly gain since mid-May, ending five weeks of losses with prices underpinned by a decline in U.S. output.

MARKET NEWS

* The euro and sterling rose on Thursday and U.S. bond yields spiked as hawkish comments from central banks signaled an end to ultra-loose monetary policy on both sides of the Atlantic, while technology shares dragged Wall Street stocks lower.

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DATA/EVENTS
Cargo surveyor ITS releases Malaysia’s June 1-30 palm oil export data on June 30.
Cargo surveyor SGS releases Malaysia’s June 1-30 palm oil export data on June 30. – Reuters