The Star Online (16/08/2018) - KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Aug 16.

FUNDAMENTALS

* Malaysian palm oil futures fell on Wednesday to their lowest in nearly two weeks in the second half of trade, tracking losses in U.S. soyoil and on weak export demand.

* U.S. grains and oilseed futures fell on Wednesday, pressured by broad selling in commodities and equities as a firmer dollar prompted worries about export prospects for American supplies, traders and analysts said.

* Oil futures slid on Wednesday, with U.S. crude settling 3 percent lower after government data showed a surprise weekly increase in domestic crude stockpiles, compounding worries about the global economic growth outlook.

MARKET NEWS

* Equities around the world took a dive led by emerging market stocks on Wednesday and commodities tumbled as investors looked for safety due to worries about China and Turkey.

RELATED

 NOPA July soy crush 167.733, second biggest monthly total

 BREAKINGVIEWS-Soybeans strain Beijing's trade war messaging

 China sells 20,113 T of imported 2011 soyoil at auction of state reserves


DATA/EVENTS

 Cargo surveyor AmSpec releases Malaysia's Aug 1-20 palm oil export data on Aug 20.

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