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NEWS ADMIN

DATE

28/01/2019

NEWS PROVIDER

Nur Aisha Abd. Wahab

NEWS SOURCE

The Star Online

CATEGORY

HEADLINE

Malaysian palm oil/Vegoils: Market factors to watch Monday Jan 28

The Star Online (28/01/2019) - KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets .on Monday Jan 28.

FUNDAMENTALS

* Oil prices edged higher on Friday as political turmoil in Venezuela threatened to tighten crude supply, but concerns over surging U.S. fuel stocks and global economic woes weighed on sentiment.

MARKET NEWS

* Asian stocks advanced on Monday as Wall Street rallied after a deal was announced to reopen the U.S. government following a prolonged shutdown that had shaken investor sentiment.

RELATED

 Indonesia to keep crude palm oil export tax at zero for Feb

 Sovecon ups forecast for Russia's 2018/19 grain exports

 Brazil's Paraná cuts soy view; crop condition improves

 Crop-eating armyworms hit Sri Lanka's rice and maize output

DATA/EVENTS

 Cargo surveyor AmSpec releases Malaysia's Jan 1-31 palm oil export data on Jan 31.

 Cargo surveyor SGS releases Malaysia's Jan 1-31 palm oil export data on Jan 31.

 Cargo surveyor ITS releases Malaysia's Jan 1-31 palm oil export data on Jan 31. - Reuters


Read more at https://www.thestar.com.my/business/business-news/2019/01/28/palm-oil-market-factors-to-watch-jan-28/#TA1ePlV3MBIPfdJG.99