KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS* Malaysian palm oil futures declined on Monday evening, snapping two sessions of gains, weighed down by weaker export data from a cargo surveyor and an inspection company. MARKET NEWS * Global stock markets rallied broadly on Monday after the United States and China agreed to halt a trade war, while oil hit multi-year highs on political uncertainty and potentialsanctions on Venezuela. RELATEDMalaysia's May 1 - 20 palm oil exports fall 20.9 pct -AmSpec AgriMalaysia's May 1-20 palm oil exports fell 18.0 pct -SGSDrought, armyworms cut Malawi maize crop by 19 pct - ministerTrade war fears ebb as U.S., China agree to continue talksU.S. commodity exports to China to rise amid trade talks, but volumes are cappedDATA/EVENTSCargo surveyor AmSpec releases Malaysia's May 1-20 palm oil export data on May 25. Cargo surveyor SGS releases Malaysia's May 1-20 palm oil export data on May 25.

Source: The Star May 22, 2018 01:30 UTC