Palm oil/Vegoils: Market factors to watch Aug 25 Monday

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday.
    
FUNDAMENTALS
* Malaysian palm oil subsided further on Friday, falling for an
eighth-consecutive session to its lowest in more than five years as soybean and
crude prices weighed on the market, and defaults and volatility spooked
traders. 
* Nearby U.S. soybean futures climbed to a one-week high on Friday as U.S.
processors scrambled to find scarce old-crop supplies, with the start of the
next harvest still at least a month away in the Midwest.GRA/]
* U.S. crude oil futures fell on Friday for a fifth straight week of declines
while Brent remained under pressure from a stronger dollar and plentiful
supplies despite an escalation of tensions between Russian and Ukraine.. 
    
MARKET NEWS
* Wall Street and other stock markets paused on Friday, halting the week's
strong gains, as worsening Ukraine tensions dogged trading, while the dollar
rose after Federal Reserve Chair Janet Yellen said policymakers eyeing interest
rate hikes need to move cautiously. 
    
RELATED 
- nil

DATA/EVENTS 
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance
to release August 1-25 palm oil export data on August 25.
    
    
  Palm, soy and crude oil prices at 0025 GMT
                                                                      
  Contract        Month    Last   Change     Low    High  Volume
  MY PALM OIL      SEP4       0    +0.00       0       0       0
  MY PALM OIL      OCT4       0    +0.00       0       0       0
  MY PALM OIL      NOV4       0    +0.00       0       0       0
  CHINA PALM OLEIN JAN5    5110  -148.00    5106    5216  610278
  CHINA SOYOIL     JAN5       0    +0.00       0       0       0
  CBOT SOY OIL     DEC4   32.60    +0.00    0.00    0.00       0
  NYMEX CRUDE      OCT4   93.41    -0.21   93.38   93.53      48
                                                                      
  Palm oil prices in Malaysian ringgit per tonne
  CBOT soy oil in U.S. cents per pound
  Dalian soy oil and RBD palm olein in Chinese yuan per tonne
  Crude in U.S. dollars per barrel
 - Reuters