PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 07 Apr 2026

Jumlah Bacaan: 157
MARKET DEVELOPMENT
VEGOILS-Market Factors to Watch May 13
calendar13-05-2016 | linkReuters | Share This Post:

13/05/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures eased on Thursday evening to see its sharpest drop in a week as it tracked a weaker Dalian palm olein oil and on a slightly stronger ringgit MYR=, which led to a downtrend in benchmark prices.

* U.S. soybean futures fell on Thursday on disappointing weekly export data and expectations that U.S. farmers might increase soybean seedings this spring and plant less corn, analysts said.

* Oil prices rose 1 percent in volatile trade on Thursday, with U.S. crude hitting six-month highs as investors weighed a forecast for tighter global supplies against signs of another storage build at the hub for U.S. crude futures.

MARKET NEWS

* The yen lost ground against the U.S. dollar on Thursday amid speculation Japan could expand its monetary stimulus soon, while a drop in Apple shares dragged the Nasdaq lower in a volatile trading day.

RELATED

> Monsanto, once M&A instigator, now in awkward role as possible target

> China sells more cotton in 1 week than all of 2015 as mills face crunch -USDA

> China steel, iron ore slip deeper into bear territory as exchanges keep up pressure

> Singapore's Olam Q1 profit jumps on lower one-off charges

> Russia's Novak: Global oil market won't balance before H1 2017

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's May 1-15 palm oil export data on May 16.

> Cargo surveyor SGS releases Malaysia's May 1-15 palm oil export data on May 16.

Palm, soy and crude oil prices at 0029 GMT

Contract Month Last Change Low High Volume

MY PALM OIL MAY6 0 +0.00 0 0 0

MY PALM OIL JUN6 0 +0.00 0 0 0

MY PALM OIL JUL6 0 +0.00 0 0 0

CHINA PALM OLEIN SEP6 5214 -216.0 5214 5392 896798

CHINA SOYOIL SEP6 6044 -250.0 6044 6260 709944

CBOT SOY OIL JUL6 32.57 -11.00 32.57 32.67 510

INDIA PALM OIL MAY6 545.90 -11.00 545.50 557.9 2408

INDIA SOYOIL MAY6 640.1 -8.90 640.1 649.5 4480

NYMEX CRUDE JUN6 46.28 -0.42 46.26 46.47 3840

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