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Malaysian palm oil/Vegoils: Market factors to watch Tuesday March 26
calendar27-03-2019 | linkThe Star Online | Share This Post:

26 Mar 2019 (The Star Online) KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets .on Tuesday March 26

FUNDAMENTALS

* Malaysian palm oil futures fell to their lowest in three days on Monday, tracking weaker related edible oils.

* U.S. wheat futures gained on Monday, lifted by short-covering and technical buying, as well as concerns about North American production as weather in the Midwest threatened to delay planting.

* Oil prices were mixed on Monday, as concerns about a slowdown in global economic growth lingered, offset by the prospect of tighter U.S. crude supply.


MARKET NEWS


* Benchmark U.S. Treasury debt yields fell to their lowest since late 2017 on Monday and a gauge of world stocks dropped for a second straight session on persistent concerns over global economic growth.

RELATED

 Grain trade regional tie-ups likely in preference to mega-deals -LDC

 China Feb soybean imports from U.S. rise as trade dispute eased

 Egypt's GASC to pay for wheat within 180 days instead of immediately

 Indonesia pushes palm companies to take legal action against the EU


DATA/EVENTS

 Cargo surveyor AmSpec releases Malaysia's Mar 1-31 palm oil export data on Mar 31

 Cargo surveyor SGS releases Malaysia's Mar 1-31 palm oil export data on Mar 31

 Cargo surveyor ITS releases Malaysia's Mar 1-31 palm oil export data on Mar 31.  - Reuters


Read more at https://www.thestar.com.my/business/business-news/2019/03/26/palm-oil-market-factors-to-watch-march-26/#KecCZiO4dXE305lf.99