KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets .on Thursday April 25. FUNDAMENTALS* Malaysian palm oil futures recouped earlier losses to close flat at the end of the trading day on Wednesday, helped by gains in the U.S. soyoil and on prospects of improving export demand. * U.S. corn futures fell to their lowest level in seven months on Wednesday and spot soybean futures hit a 5-1/2-month low on ample global supplies and dimming prospects for U.S. export business, analysts said. Cargo surveyor SGS releases Malaysia's Apr 1-25 palm oil export data on Apr 25. Cargo surveyor ITS releases Malaysia's Apr 1-25 palm oil export data on Apr 25 .
Source: The Star April 25, 2019 00:45 UTC