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VEGOILS-Market factors to watch Feb 21

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil

markets.

FUNDAMENTALS

* Malaysian palm oil futures slid for a third consecutive session on Monday, falling to its

lowest since mid-November as slowing demand and expectations of higher supplies weighed on the

market.

* U.S. wheat and corn futures fell on Friday for a second straight session as traders liquidated

long positions ahead of a U.S. holiday weekend, and following a fund-driven rally seen as

lacking fundamental drivers, analysts said.

* Oil prices inched higher on Monday, as investor optimism over the effectiveness of producer

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cuts encouraged record bets on a sustained rally, although growing U.S. output and stubbornly

high stockpiles kept price gains in check.

MARKET NEWS

* European stocks rose on Monday, with gains in telecoms and banks offsetting a big fall in

Unilever, while uncertainty over political developments and the timing of a U.S. interest rate

hike kept the dollar in check.

RELATED

> Singapore's Wilmar fourth-quarter profit rises 70 pct

> Malaysia's Feb 1-20 palm oil exports rose 1.7 pct -SGS

> Malaysia's Feb 1 - 20 palm oil exports fall 0.8 pct -ITS

> India's wheat imports to slow after March on fumigation rule change

> After OPEC cuts heavy oil, China teapot refiners pull U.S. supply to Asia

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia’s Feb 1-20 palm oil export data on Feb 25.

> Cargo surveyor SGS releases Malaysia’s Feb 1-20 palm oil export data on Feb 25.

* For a table on Malaysian physical palm oil prices, including refined oil, Reuters Terminal

users can double click on or type.

* To view freight rates from Peninsula Malaysia/Sumatra to China, India, Pakistan and

Rotterdam, please key in and press enter, or double click between the brackets.

* Reuters Terminal users can see cash and futures edible oil prices by double clicking on

the codes in the brackets: To go to the next page in the same chain, hit F12. To go back, hit

F11.

Palm, soy and crude oil prices at 0039 GMT

Contract Month Last Change Low High Volume

MY PALM OIL MAR7 0 +0.00 0 0 0

MY PALM OIL APR7 0 +0.00 0 0 0

MY PALM OIL MAY7 0 +0.00 0 0 0

CHINA PALM OLEIN MAY7 5916 -6.00 5902 5934 113310

CHINA SOYOIL MAY7 6698 +6.00 6682 6712 54708

CBOT SOY OIL MAR7 32.89 -3.50 0 0 0

INDIA PALM OIL FEB7 555.50 -3.50 553.50 561.1 1161

INDIA SOYOIL MAR7 660 -4.75 659.05 666.5 23880

NYMEX CRUDE MAR7 53.63 +0.23 53.35 53.88 12271

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

Vegetable oils --

Malaysian palm oil exports --

CBOT soyoil futures --

CBOT soybean futures --

Indian solvent --

Weekly Indian vegetable oils --

Dalian Commodity Exchange --

Dalian soyoil futures --

Dalian refined palm oil futures --

Zhengzhou rapeseed oil --

European edible oil prices/trades --

(Reporting by KL newsroom)