The Star Online (27/11/2017) - KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Nov 27.

FUNDAMENTALS

* Malaysian palm oil futures rose on Friday evening, marking a second session of gains in five, buoyed by stronger crude oil prices and a weaker ringgit.

* Chicago Board of Trade wheat futures fell to life-of-contract lows on Friday, pressured by disappointing weekly export sales data and ample global supplies, analysts said.

* U.S. oil prices hit their highest levels in more than two years on Friday after the continued shutdown of a pipeline running from Canada to the United States was expected to reduce supply
into a major storage facility.

MARKET NEWS

* Major global and U.S. stock indices set fresh all-time highs on Friday, buoyed by a bright business outlook and strong corporate earnings, while the economy's strength in continental Europe lifted the euro to a two-month high against the dollar.

RELATED

 Indonesia has 'no clear structure' for a Freeport deal yet

 Russia ready to support oil output deal as OPEC meeting looms

 S.Korea says could boost metal stockpiles amid drive to electric cars

 China cuts import tariffs on food, drugs and apparel

 China to subsidise grain transportation and storage facilities

DATA/EVENTS

 Cargo surveyor ITS releases Malaysia's Nov 1-30 palm oil export data on Nov 30.

 Cargo surveyor SGS releases Malaysia's Nov 1-30 palm oil export data on Nov 30.
- Reuters