14/09/2017 (The Star Online) - KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday September 14.
* Malaysian palm oil futures gained for a third straight session to hit their highest in more than six months on Wednesday, as trading breached a psychological barrier and market was upbeat about the industry outlook.
* U.S. soybeans firmed on Wednesday in a light technical rebound one day after the U.S. Department of Agriculture surprised analysts by raising its estimates of the U.S. corn and soybean yields.
* Crude oil prices rose on Wednesday after the International Energy Agency (IEA) said a global surplus of crude was starting to shrink, even though U.S. data showed another big increase in domestic inventories due to Hurricane Harvey.
* Global equity markets were little changed on Wednesday as Wall Street eked out new closing highs, while the dollar rose on U.S. producer prices data for August that suggested a robust economy.
Facing potential wheat crisis, Egypt plays down poppy seed risk
Syria calls off mysterious million tonne Russian wheat deal
Brazil police arrest JBS CEO Batista, plea deal in limbo
French non-EU wheat exports forecast to double in 2017/18
China set for ethanol binge as Beijing pumps up renewable fuel drive
Cargo surveyor ITS releases Malaysia's Sept 1-15 palm oil export data on Sept 15.
Cargo surveyor SGS releases Malaysia's Sept 1-15 palm oil export data on Sept 15.