Breaking News
0

VEGOILS-Market factors to watch October 22

CommoditiesOct 22, 2018 06:20
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
VEGOILS-Market factors to watch October 22

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

FUNDAMENTALS

* Malaysian palm oil futures declined on Friday, their second straight day of losses, tracking weaker related edible oils such as U.S. soyoil on the Chicago Board of Trade and palm olein on China's Dalian Commodity Exchange. POI/

* U.S. soybean futures fell to a one-week low on Friday and recorded a second straight weekly decline, pressured by fresh cancellations of U.S. soybean sales, traders said. GRA/

* Oil prices rose on Friday on signs of surging demand in China, the world's No. 2 oil consumer, although prices were headed for a second weekly decline on swelling U.S. inventories and concern that trade wars were curbing economic activity. O/R

MARKET NEWS

* Asian share markets fell anew on Monday as investors braced for the peak of the U.S. earnings season while angst over Saudi Arabia, Italy and Brexit kept geopolitics front and centre. MKTS/GLOB

RELATED > EU clear to start talks to increase U.S. beef imports > China culls 200,000 pigs due to African swine fever -official > Trump backs water projects in U.S. West as election nears > Spike in big U.S. farm loans may add risk to ag banks -KC Fed > Cargo surveyor AmSpec releases Malaysia's Oct 1-25 palm oil export data on Oct 20. > Cargo surveyor SGS releases Malaysia's Oct 1-25 palm oil export data on Oct 20.

* 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 0041 GMT Contract

Month

Last Change

Low

High

Volume MY PALM OIL

NOV8

0

+0.00

0

0

0 MY PALM OIL

DEC8

0

+0.00

0

0

0 MY PALM OIL

JAN9

0

+0.00

0

0

0 CHINA PALM OLEIN

JAN9

4752 +12.00

4740

4760

56108 CHINA SOYOIL

JAN9

5782

+2.00

5762

5798

88118 CBOT SOY OIL

DEC8

29.08

-0.06

29.06

29.14

732 INDIA PALM OIL

OCT8

590.40

-1.80

587.00

592.2

537 INDIA SOYOIL

NOV8

766.4

-3.30

761.7

769

25530 NYMEX CRUDE

NOV8

69.14

+0.02

69.14

69.50

427

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 October 22
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email