The Star Online (17/10/2017) - KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Oct 17.

FUNDAMENTALS

* Malaysian palm oil futures extended gains on Monday evening, recording a fourth straight day of wins tracking higher crude oil prices and stronger export data from cargo surveyors.

* Chicago Board of Trade soybean futures weakened on Monday, dipping below the $10-per-bushel threshold the market hit for the first time in 2-1/2 months last week.

* Crude prices rose 1 percent on Monday as Iraqi forces entered the oil-rich city of Kirkuk, seizing territory from Kurdish fighters and briefly cutting some crude output from OPEC's second-largest producer.

MARKET NEWS

* Oil prices held firm on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous Kurdish fighters while Asian shares look set to extend their bull run on optimism about upcoming earnings.

RELATED

Malaysia's Oct 1-15 palm oil exports rose 8.7 pct -SGS

Malaysia's Oct 1 - 15 palm oil exports rise 10.3 pct -ITS

Palm oil demand strong as top buyers China, India restock inventories

EXCLUSIVE-China offers to buy 5 pct of Saudi Aramco directly - sources

Asia oil buyers turn to U.S. in hunt for cheap supply

DATA/EVENTS

Cargo surveyor ITS releases Malaysia's Oct 1-20 palm oil export data on Oct 20.

Cargo surveyor SGS releases Malaysia's Oct 1-20 palm oil export data on Oct 20. - Reuters