Malaysian palm oil/Vegoils: Market factors to watch Tuesday March 31

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday March 31.
    
FUNDAMENTALS
* Malaysian palm oil futures touched a near two-week low on Monday, before
reversing losses to end positive as traders positioned themselves ahead of
export data due later this week. 
* Chicago Board of Trade wheat futures rose more than 4 percent on Monday as dry
conditions in parts of the U.S. Plains, coupled with hot weather this week,
prompted investors to cover positions, traders said. 
* Oil settled down for a second straight session on Monday as Iran and six world
powers tried to negotiate a deal on Tehran's nuclear program that could end
Western sanctions and allow the OPEC member to ship more crude into an already
flooded market. 
    
MARKET NEWS
* Asian stocks rose on Tuesday after a rally on Wall Street and steps by China
to shore up its economy boosted risk appetite, while Greek debt worries again
haunted the sagging euro.    
    
RELATED
> U.S. soybean plantings seen up in 2015 despite falling prices  
> Canpotex sets potash contracts with Chinese buyers             
> CME scores victory in day one of battle of new cocoa contracts 
> Syria taps world wheat market as stocks run down               
> U.S. sorghum seedings seen largest in 7 years on China demand  
    
DATA/EVENTS 
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance
to release data on Malaysia's March palm oil exports on March 31. 

  Palm, soy and crude oil prices at 0452 GMT
                                                                              
  Contract        Month    Last   Change     Low    High  Volume
  MY PALM OIL      FEB5    2240   -24.00    2230    2254      29
  MY PALM OIL      MAR5    2228   -19.00    2220    2249     388
  MY PALM OIL      APR5    2210   -20.00    2202    2222    7986
  CHINA PALM OLEIN MAY5    4846   -22.00    4844    4874  180294
  CHINA SOYOIL     MAY5    5514   -52.00    5508    5562  240078
  CBOT SOY OIL     MAR5   31.48    -3.50   31.47   31.57    2367
  INDIA PALM OIL   JAN5  434.90    -3.50  434.00  439.50     488
  INDIA SOYOIL     FEB5  616.00    -9.00  615.70  624.80   50145
  NYMEX CRUDE      MAR5   45.06    -0.53   44.35   45.35   25835
                                                                              
  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