The Star Online (16/11/2017) - KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Nov 16.

FUNDAMENTALS

* Malaysian palm oil futures hit their lowest in nearly a month on Wednesday evening, tracking weakness in crude oil and as the ringgit strengthened.

* U.S. soybean futures firmed on Wednesday on seasonal strength as the Midwest harvest wound down and a jump in soyoil tied to an unexpected monthly drawdown in domestic supplies, traders
said.

* Oil prices dropped on Wednesday after the U.S. government reported an unexpected increase in crude and gasoline stockpiles, but an increase in refining runs and a drawdown in distillates
helped prices bounce off session lows.

MARKET NEWS

* Asian shares got off to a cautious start on Thursday after Wall Street stumbled despite upbeat U.S. economic news and the Treasury yield curve hit its flattest in a decade as investors priced
in more U.S. rate hikes.

RELATED

 Bunge reorganizes management team in cost-cutting drive

 China's crackdown on GMO soybean imports will 'support' prices -ADM trader

 Malaysia's Nov 1-15 palm oil exports fell 8.2 pct -SGS

 Malaysia's Nov 1 - 15 palm oil exports fall 4.3 pct -ITS

 Major China soybean crusher Bohi reopens Guangxi plant, Guangdong still shut -sources

DATA/EVENTS

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

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

- Reuters