The Star Online (30/11/2017) - KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Nov 30

FUNDAMENTALS

* Malaysian palm oil futures fell to a four-month low on Wednesday evening, a third consecutive session of losses as the ringgit strengthened against the dollar, making the tropical oil more expensive for holders of foreign currencies.

* U.S. corn futures rose about 1 percent Wednesday on fresh export demand and bargain-buying after the spot December contract dipped to a contract low, traders said.

* Oil prices dipped on Wednesday in a volatile session buffeted by conflicting statements from oil ministers a day ahead of OPEC's meeting in Vienna, as members debate the path for an extension of the group's supply-cut agreement.

MARKET NEWS

* Asian shares fell on Thursday, weighed down by a plunge in high-flying technology shares, a move that some see as a healthy correction after a strong rally but others believe may herald the peak of a "super cycle" that has been boosting the sector.

RELATED

 OPEC, Russia head for oil cut extension but wary of overheating market

 U.S. crude stocks fall, but gasoline, distillates up - EIA

 Another bumper Russian grain crop likely in 2018 – consultancy

 Brazil soybean outlook may rise as climate fears wane -analysts

 Qatar builds dairy industry in desert as it defies Arab boycott

DATA/EVENTS

 Cargo surveyor ITS releases Malaysia's Nov 1-30 palm oil export data on Nov 30.

Cargo surveyor SGS releases Malaysia's Nov 1-30 palm oil export data on Nov 30. - Reuters