Malaysian palm oil/Vegoils: Market factors to watch Wednesday Jan 9
The Star Online (09/01/2019) - KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Jan 9..
FUNDAMENTALS
* U.S. crude oil prices on Wednesday rose above $50 per barrel for the first time in 2019 on hopes that Washington and Beijing can resolve a trade dispute that has triggered a global economic slowdown.
MARKET NEWS
* An index of world stock markets rose for the third straight session on Tuesday, with investors hopeful that the United States and China would strike a deal to end their months-long trade war that has hurt financial markets.
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DATA/EVENTS
Cargo surveyor AmSpec releases Malaysia's Jan 1-10 palm oil export data on Jan 10.
Cargo surveyor SGS releases Malaysia's Jan 1-10 palm oil export data on Jan 10.
Cargo surveyor ITS releases Malaysia's Jan 1-10 palm oil export data on Jan 10.
Industry regulator the Malaysian Palm Oil Board releases Malaysia's December palm oil data on Jan 10. - Reuters
Read more at https://www.thestar.com.my/business/business-news/2019/01/09/palm-oil-market-factors-to-watch-jan-9/#3tQyJfSQLfdrDA69.99