06/12/2017 (The Star Online) - KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Dec 6.

FUNDAMENTALS

* Malaysian palm oil futures reached their lowest level in more than four months on Tuesday as the ringgit MYR= strengthened, making the tropical oil more expensive for holders of foreign  currencies.

* U.S. soybean futures climbed 1 percent on Tuesday, scrambling back above $10 a bushel, amid ongoing worries about poor weather threatening yield prospects in Argentina.

* Oil rose on Tuesday, supported by strong demand, expectations of a drop in U.S. crude inventories and an OPEC-led deal to extend oil output cuts.

MARKET NEWS

 Paraguay Congress legalizes planting of medical marijuana

 Brazil soy farmers rely on barter for funding this season

 U.S. confirms duties on Argentine, Indonesian biofuel

 Agriculture adds jobs, helps lead Brazil economic recovery push -CNA

 COLUMN-Deja vu for soybean market over Argentine dryness -Braun

DATA/EVENTS

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

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

- Reuters