The following factors are likely to influence Malaysian palm oil - TopicsExpress

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday. FUNDAMENTALS Malaysian palm oil futures rose on Wednesday, fuelled by optimism that robust export demand amid easing palm production in September would help curb a rise in stockpiles in the worlds second-largest grower. U.S. wheat futures prices jumped nearly 1.0 percent on Wednesday as a recent plunge to four-year lows encouraged investors to cover short positions after the lower prices sparked improved export demand. Crude oil futures on both sides of the Atlantic settled higher on Wednesday, shrugging off early losses after a report showed an unexpected draw down in crude oil inventories in the United States, the worlds largest oil consumer.

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