Yahoo Finance VEGOILS-Market factors to watch March 27
The following factors are likely to influence Malaysian palm oil futures and
other vegetable oil markets.
FUNDAMENTALS
* Malaysian palm oil futures rose on Thursday, tracking crude oil prices that
surged as fighting in the Middle East intensified.
* U.S. grain and soybean futures reversed early gains to turn lower on Thursday
on pressure from a higher dollar, with wheat's three-session decline of more
than 6 percent the biggest such slide in nearly two years.
* Oil jumped about 5 percent on Thursday, the biggest daily gain in a month, as
air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears that
escalation of the Middle East battle could disrupt world crude supplies.
MARKET NEWS
* Oil prices jumped 5 percent and stock markets worldwide slumped on Thursday
after Saudi Arabia and allies carried out air strikes in Yemen, which fueled
worries in the Middle East that energy shipments may be put at risk.
RELATED
> Yemen shuts major sea ports due to conflict -industry sources
> Akira family trust raises stake in Louis Dreyfus to 80 pct
> Commodity trader Louis Dreyfus posts higher 2014 profit
> Russia's 2015 grain crop seen at 93 mln tonnes - analyst
> Louis Dreyfus owner raises stake; CEO hunt goes on
> Sun expected to put Argentina back on track to record soy crop
> ConAgra reports better-than-expected profit, raises forecast
DATA/EVENTS
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance
to release data on Malaysia's March palm oil exports on March 31.
Palm, soy and crude oil prices at 0452 GMT
Contract Month Last Change Low High Volume
MY PALM OIL FEB5 2240 -24.00 2230 2254 29
MY PALM OIL MAR5 2228 -19.00 2220 2249 388
MY PALM OIL APR5 2210 -20.00 2202 2222 7986
CHINA PALM OLEIN MAY5 4846 -22.00 4844 4874 180294
CHINA SOYOIL MAY5 5514 -52.00 5508 5562 240078
CBOT SOY OIL MAR5 31.48 -3.50 31.47 31.57 2367
INDIA PALM OIL JAN5 434.90 -3.50 434.00 439.50 488
INDIA SOYOIL FEB5 616.00 -9.00 615.70 624.80 50145
NYMEX CRUDE MAR5 45.06 -0.53 44.35 45.35 25835
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
* 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.
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 --
