05/08/2014 (Reuters) – The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS
* Malaysian palm oil futures fell on Monday as fears of rising output amid slackening overseas demand piled pressure on to the tropical oil, while weaker comparative soyoil prices weighed.

* U.S. wheat futures climbed for a fourth straight session on Monday, gaining nearly 2 percent, as grain quality concerns in Western Europe due to persistent rain increased investor appetite for U.S. supplies.

* Oil prices on both sides of the Atlantic climbed on Monday, as investors shifted their attention from worries about swelling supplies to concerns about ongoing violence in Libya and other global hotspots.

MARKET NEWS

* Bond prices rallied and European bank stocks rose on Monday after Portugal forged a plan to prevent the collapse of one of its biggest lenders.

RELATED

> Higher palm oil output to cap prices, depending on El Nino
> Malaysia's July palm oil exports fell 2.8 pct -SGS
> Strategie Grains lifts EU rapeseed crop to 22.9 mln T
> U.S. corn ratings drop 2 pct points; wheat, soy steady
> Brazil to expand soybean area again next year

DATA/EVENTS

> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance to release August 1-10 palm oil export data on August 11.

> Industry regulator the Malaysian Palm Oil Board (MPOB) to release data on Malaysia's end-July palm oil stocks, exports and production on August 11.

Palm, soy and crude oil prices at 2356 GMT

Contract Month Last Change Low High Volume

MY PALM OIL AUG4 0 +0.00 0 0 0
MY PALM OIL SEP4 0 +0.00 0 0 0
MY PALM OIL OCT4 0 +0.00 0 0 0
CHINA PALM OLEIN JAN5 5654 +24.00 5614 5654 186868
CHINA SOYOIL JAN5 0 +0.00 0 0 0
CBOT SOY OIL DEC4 36.40 +0.00 0.00 0.00 0
NYMEX CRUDE SEP4 98.37 +0.08 98.32 98.57 1311

Palm oil prices in Malaysian ringgit per tonne
CBOT soy oil in U.S. cents per pound
Dalian soy oil and RBD palm olein in Chinese yuan per tonne
Crude in U.S. dollars per barrel