Palm/Vegoils: Market factors to watch Dec 1 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 futures fell to their lowest in more than five weeks on
Friday and recorded their biggest weekly drop in three, dragged down by steep
losses in crude oil after OPEC decided against curbing output. 
* U.S. wheat futures climbed to their highest in nearly five months on Friday,
supported by news that Russia, a major global wheat supplier, was tightening its
grain export rules, traders said.GRA/]
* U.S. crude fell more than $2 to a five-year low in Asian trade on Monday,
while Brent futures touched a fresh four-year low, extending a steep sell-off
after OPEC decided not to cut production last week, keeping markets well
supplied. 
    
MARKET NEWS
* Gold prices fell the most in more than three weeks and the Swiss franc dipped
slightly on Monday after Swiss voters overwhelmingly rejected proposals to boost
gold reserves in a referendum. 
    
RELATED  
> Canada extends but lightens railway grain shipment requirements 
 
> Paraguay native tribes crowded out by ranching, soy planting boom-U.N.
 
> 01:04:01   RTRS - Argentina says recent rains help soy/corn planting,
development     
                               
DATA/EVENTS 
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance
to release data on Malaysia's November palm oil exports on Dec. 1.
    
 
  Palm, soy and crude oil prices at 0044 GMT
                                                                   
  Contract        Month    Last   Change     Low    High  Volume
  MY PALM OIL      DEC4       0    +0.00       0       0       0
  MY PALM OIL      JAN5       0    +0.00       0       0       0
  MY PALM OIL      FEB5       0    +0.00       0       0       0
  CHINA PALM OLEIN MAY5    5094  -158.00    5060    5218  827740
  CHINA SOYOIL     MAY5       0    +0.00       0       0       0
  CBOT SOY OIL     JAN5   32.29    -6.10    0.00    0.00       0
  INDIA PALM OIL   DEC4  439.90    -6.10  437.60  445.50    2233
  INDIA SOYOIL     DEC4  577.70    -2.85  576.00  580.80   49215
  NYMEX CRUDE      JAN5   64.43    -1.72   64.10   66.18   30468
                                                                   
  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
  India soy oil in Indian rupee per 10 kg
  Crude in U.S. dollars per barrel
   - Reuetrs