Malaysian palm oil/Vegoils: Market factors to on Friday watch Feb 27

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Feb 27.
    
FUNDAMENTALS
* Malaysian palm oil futures inched up on Thursday, tracking gains in crude
markets, but uncertainty over global appetite for the vegetable oil and
prospects of a faster-than-expected recovery in weather-hit yields kept prices
rangebound. 
* Chicago soybean futures rose on Thursday on uncertainty over the Brazilian
trucker strike, which threatens to stall movement of the new harvest of the
grain onto the world market, traders and analysts said. 
* Crude oil futures fell sharply on Thursday as rising inventories in the United
States pressured both Brent and U.S. contracts and countered expectations for
recovering demand. 
    
MARKET NEWS
*  Global equities dipped on Thursday as investor enthusiasm was dampened by a
pullback in oil prices related to rising inventories, while the dollar rose as
economic data drove expectations that the Federal Reserve will raise interest
rates. 
      
RELATED
> Truckers carry on Brazil strike despite gov't offers, threats  
> GrainCorp says earnings likely to fall to five-year low        
> More U.S. grain elevators accept GMO Syngenta corn banned by China 
 
> Firm cash mkts seen limiting CBOT March soybean, meal deliveries    
 
> IGC sees smaller global wheat, corn crops in 2015/16           
> EU requests WTO dispute panel over Russian import duties       
    
DATA/EVENTS 
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance
to release data on Malaysia's February palm oil exports on March 2.
 
  Palm, soy and crude oil prices at 0030 GMT
                                                                   
  Contract        Month    Last   Change     Low    High  Volume
  MY PALM OIL      MAR5       0    +0.00       0       0       0
  MY PALM OIL      APR5       0    +0.00       0       0       0
  MY PALM OIL      MAY5       0    +0.00       0       0       0
  CHINA PALM OLEIN MAY5    4970   +14.00    4966    4986   51588
  CHINA SOYOIL     MAY5    5554    +6.00    5540    5572   64106
  CBOT SOY OIL     MAY5   32.01    +0.20    0.00    0.00       0
  INDIA PALM OIL   FEB5  453.00    +0.20  452.50  453.90     280
  INDIA SOYOIL     APR5  595.30    +2.40  593.90  597.50   25830
  NYMEX CRUDE      APR5   48.86    +0.69   48.77   49.00    2215
                                                                   
  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
   - Reuters