VEGOILS-Market Factors to Watch June 10
10/06/2016 (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 after making gains in early trade, recording a fourth consecutive session of declines tracking a stronger ringgit.
* U.S. wheat Wc1 and corn Cc1 fell about 1 percent on Thursday as traders locked in profit after the previous session's multimonth highs and ahead of a U.S. Department of Agriculture supply and demand report due on Friday.
* Oil prices settled down on Thursday, snapping a three-day rally after notching another 2016 high, as a strong dollar sparked profit-taking in crude futures by investors.
MARKET NEWS
* Bond prices and the yen rallied on Thursday as investors sought the safety of low-risk assets, while crude oil prices and stocks retreated after recent gains.
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DATA/EVENTS
> Cargo surveyor ITS releases Malaysia's June 1-10 palm oil export data on June 10.
> Cargo surveyor SGS releases Malaysia's June 1-10 palm oil export data on June 10.
Palm, soy and crude oil prices at 0016 GMT
Contract Month Last Change Low High Volume
MY PALM OIL JUN6 0 +0.00 0 0 0
MY PALM OIL JUL6 0 +0.00 0 0 0
MY PALM OIL AUG6 0 +0.00 0 0 0
CHINA PALM OLEIN SEP6 0 +0.00 0 0 0
CHINA SOYOIL SEP6 0 +0.00 0 0 0
CBOT SOY OIL JUL6 33 -4.40 33 33.04 209
INDIA PALM OIL JUN6 530.00 -4.40 529.10 534 1447
INDIA SOYOIL JUN6 644.95 -2.50 643.4 648.5 14190
NYMEX CRUDE JUL6 50.53 -0.03 50.41 50.57 3296
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