20/01/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Jan 20.
   
FUNDAMENTALS
* Malaysian palm oil futures ended lower in choppy trade on Monday, reversing gains made in the morning session on concerns that a gloomy global economic
outlook will weaken prices.

* U.S. corn rose 1.8 percent on Friday for its biggest daily gain in about two weeks, rebounding from a nearly two-month low on support from short covering and
increasing export demand.

* Brent crude oil prices fell below $49 a barrel and U.S. crude also fell more
than $1 on Monday after the global economic outlook darkened and Iraq announced
record oil production.
   
MARKET NEWS
* Asian markets were on edge on Tuesday ahead of data expected to show China's
economy grew at the slowest pace in 24 years last quarter, adding to the case
for more stimulus measures both at home and abroad.
     
RELATED
> Thai govt to buy 50,000 T palm oil after drought cuts domestic supply
 
> Palm prices may touch 6-year lows despite bad weather - industry
 
> Indonesian palm output may rise to 32.5 mln tonnes in 2015 -industry official
 
> Weak El Nino unlikely to disrupt Southeast Asia palm oil supply -research
company 
> Commodities trader Noble to exit cocoa business -sources      
> Fertilizer maker Mosaic forecasts bigger-than-expected Q4 profit
 
> Harmattan wind dwindles in Ivory Coast cocoa regions          
> After harsh commodity fund shakeout, winners see tough times ahead
 
   
                
DATA/EVENTS
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance
to release data on Malaysia's Jan. 1-20 palm oil exports on Jan. 20. 
    
  Palm, soy and crude oil prices at 0025 GMT
                                                                            
  Contract        Month    Last   Change     Low    High  Volume
  MY PALM OIL      FEB5       0    +0.00       0       0       0
  MY PALM OIL      MAR5       0    +0.00       0       0       0
  MY PALM OIL      APR5       0    +0.00       0       0       0
  CHINA PALM OLEIN MAY5    4890   -24.00    4874    4912  106284
  CHINA SOYOIL     MAY5    5582   -22.00    5572    5602   94862
  CBOT SOY OIL     MAR5   33.39    -1.70    0.00    0.00       0
  INDIA PALM OIL   JAN5  457.10    -1.70  455.60  459.50     583
  INDIA SOYOIL     JAN5  677.60    +2.20  675.00  678.50    6980
  NYMEX CRUDE      FEB5   47.46    -1.23   47.21   48.77   13190
                                                                            
  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
  India soy oil in Indian rupee per 10 kg
  Crude in U.S. dollars per barrel