30/01/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Jan 30.
   
FUNDAMENTALS
* Malaysian palm oil slid more than 3 percent on Thursday as the market snapped two sessions of gains to drop to its lowest in almost six weeks, under pressure from plentiful global edible oil supplies and slowing demand.
* Chicago Board of Trade wheat futures rose on Thursday, halting a six-session slide and rebounding from a three-month low after the U.S. Department of Agriculture reported larger-than-expected weekly export sales.
* Global oil prices firmed slightly on Thursday but not before U.S. crude hit a near six-year low and benchmark Brent pared gains on data showing fresh additions to already record-high U.S. oil inventories.
   
MARKET NEWS
* Global equity markets were little changed on Thursday after a late surge on Wall Street overcame earlier declines on worries about Greece's path and a mixed earnings season so far, while U.S. government bond yields rose on fresh signs of a strong American labor market.
     
RELATED
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> Arabica sinks to 6-1/2-month low, raw sugar tumbles           
> Potash Corp's profit beats on higher potash sales; outlook misses

DATA/EVENTS
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance to release data on Malaysia's January palm oil exports on Feb. 4.

  Palm, soy and crude oil prices at 0452 GMT
                                                                            
  Contract        Month    Last   Change     Low    High  Volume
  MY PALM OIL      FEB5    2240   -24.00    2230    2254      29
  MY PALM OIL      MAR5    2228   -19.00    2220    2249     388
  MY PALM OIL      APR5    2210   -20.00    2202    2222    7986
  CHINA PALM OLEIN MAY5    4846   -22.00    4844    4874  180294
  CHINA SOYOIL     MAY5    5514   -52.00    5508    5562  240078
  CBOT SOY OIL     MAR5   31.48    -3.50   31.47   31.57    2367
  INDIA PALM OIL   JAN5  434.90    -3.50  434.00  439.50     488
  INDIA SOYOIL     FEB5  616.00    -9.00  615.70  624.80   50145
  NYMEX CRUDE      MAR5   45.06    -0.53   44.35   45.35   25835
                                                                            
  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