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VEGOILS-Market factors to watch Oct 9

CommoditiesOct 09, 2018 06:40
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VEGOILS-Market factors to watch Oct 9

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

FUNDAMENTALS

* Malaysian palm oil futures fell more than 1 percent on Monday, charting a second straight session of losses as they tracked declines in crude oil and soyoil prices on the U.S. Chicago Board of Trade. POI/

* U.S. wheat futures fell more than 1 percent on Monday on technical selling and as a stronger dollar created a headwind for U.S. exports of the grain, which are already struggling to compete in the global marketplace. GRA/

* Oil prices held little changed on Tuesday, as more evidence emerged that crude exports from Iran are declining in the run-up to the reimposition of U.S. sanctions, while a hurricane moved across the Gulf of Mexico. O/R

MARKET NEWS

* Asian shares hit 17-month lows on Tuesday as investors fretted about everything from the Chinese economy, to trade wars, higher U.S. bond yields and political dysfunction in Europe. MKTS/GLOB

RELATED > COLUMN-Commodity funds undeterred by huge U.S. corn, soy stocks > D.E. Shaw raises stake in Bunge, pushes for change - WSJ > Louis Dreyfus profit slides as soy hedging adds to challenges > Trump to lift ban on higher-ethanol gasoline ahead of Nov vote > Cargo surveyor AmSpec releases Malaysia's Oct 1-10 palm oil export data on Oct 10. > Cargo surveyor SGS releases Malaysia's Oct 1-10 palm oil export data on Oct 10.

* For a table on Malaysian physical palm oil prices, including refined oil, Reuters Terminal users can double click on or type MYPALM/FLAT .

* To view freight rates from Peninsula Malaysia/Sumatra to China, India, Pakistan and Rotterdam, please key in OILS/ASIA2 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 0108 GMT Contract

Month

Last Change

Low

High

Volume MY PALM OIL

OCT8

0

+0.00

0

0

0 MY PALM OIL

NOV8

0

+0.00

0

0

0 MY PALM OIL

DEC8

0

+0.00

0

0

0 CHINA PALM OLEIN

JAN9

4782 +38.00

4738

4786

153106 CHINA SOYOIL

JAN9

5914 +22.00

5886

5918

167242 CBOT SOY OIL

OCT8

29.33

+0.00

0

0

30 INDIA PALM OIL

OCT8

592.00

-2.90

589.60

595

437 INDIA SOYOIL

OCT8

750.75

-2.10

748.65

754.8

5650 NYMEX CRUDE

NOV8

74.21

-0.08

74.18

74.43

7330

Palm oil prices in Malaysian ringgit per tonne India soy oil in Indian rupee per 10 kg Crude in U.S. dollars per barrel

Vegetable oils

-- OILS/ASIA1 Malaysian palm oil exports

-- SGSPALM1

CBOT soyoil futures

-- 0#BO:

CBOT soybean futures

-- 0#S:

Indian solvent

-- SOLVENT01 Weekly Indian vegetable oils

-- OILS/IN

Dalian Commodity Exchange

-- DC/MENU

Dalian soyoil futures

-- 0#DBY:

Dalian refined palm oil futures -- 0#DCP:

Zhengzhou rapeseed oil

-- 0#COI:

European edible oil prices/trades -- OILS/E

VEGOILS-Market factors to watch Oct 9
 

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