PALM NEWS MALAYSIAN PALM OIL BOARD Sunday, 05 Apr 2026

Jumlah Bacaan: 215
MARKET DEVELOPMENT
VEGOILS-Market Factors to Watch Dec 3
calendar03-12-2015 | linkReuters | Share This Post:

03/12/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures fell for a third straight session on Wednesday to a near one-week low, as a firmer ringgit MYR= curbed demand and offset expectations of lower supplies due to wet weather.

* U.S. grains fell on Wednesday, with wheat prices hitting the lowest levels since June 2010 as a rising dollar made the cereals less attractive in global markets, traders said.

* Oil prices tumbled more than 4 percent on Wednesday as surging U.S. stockpiles and a rallying dollar prompted traders to dump crude contracts amid signs the world's largest oil producers will not cut production when they meet this week.

MARKET NEWS

* The dollar strengthened on Wednesday and stocks fell on Wall Street, as Federal Reserve Chair Janet Yellen signaled a readiness to hike interest rates and U.S. data indicated a solid labor market.

RELATED

> EU sees gloomy biofuel sector boosting soymeal imports by 2025

> Asian mills hold back corn purchases to pounce on Argentine exports

> Global coffee deficit to continue on slowing Brazil exports

> Saudis seen rejecting calls for OPEC cuts as rivals pump more

> Oil options show investors grow warier of OPEC surprise

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's Dec 1-10 palm oil export data on December 10.

> Malaysian Palm Oil Board releases Malaysia's monthly palm oil data on December 10.

Contract Month Last Change Low High Volume

MY PALM OIL DEC5 0 +0.00 0 0 0

MY PALM OIL JAN6 0 +0.00 0 0 0

MY PALM OIL FEB6 0 +0.00 0 0 0

CHINA PALM OLEIN MAY6 4680 +12.00 4618 4682 446996

CHINA SOYOIL MAY6 5710 +22.00 5652 5710 345910

CBOT SOY OIL JAN6 30.57 +0.40 0.00 0.00 0

INDIA PALM OIL DEC5 397.40 +0.40 397.10 400.90 1650

INDIA SOYOIL DEC5 623.60 +2.15 621.50 625.30 32380

NYMEX CRUDE JAN6 40.20 +0.26 40.09 40.26 1615

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