Palm oil/Vegoils: Market factors to watch Monday April 6

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday April 6.
    
FUNDAMENTALS
* Malaysian palm oil futures rose on Friday, ending a second week of gains, but
volumes were thin as Easter holidays in some countries sapped interest in
markets. 
* U.S. wheat futures jumped to their highest level in six weeks on Thursday on
worries that rains in the U.S. Plains next week will be insufficient to relieve
intensifying drought conditions. 
* Brent oil fell nearly 4 percent on Thursday after a preliminary pact between
Iran and global powers on Tehran's nuclear program, even as officials set
further talks in June and analysts questioned when the OPEC member will be
allowed to export more crude. 
    
MARKET NEWS
* Asian shares rose and the dollar dropped on Monday, after a dismal U.S. jobs
report pushed up U.S. Treasury yields as investors pared bets the U.S. Federal
Reserve would hike interest rates anytime soon.    
    
RELATED
> Fuel storage tank fire near Brazil's Santos port enters 4th day 
 
> Russian grain export duty likely to be extended - Ifax cites deputy PM  
  
    
DATA/EVENTS 
> NIL
 
  Palm, soy and crude oil prices at 0027 GMT
                                                                   
  Contract        Month    Last   Change     Low    High  Volume
  MY PALM OIL      APR5       0    +0.00       0       0       0
  MY PALM OIL      MAY5       0    +0.00       0       0       0
  MY PALM OIL      JUN5       0    +0.00       0       0       0
  CHINA PALM OLEIN SEP5    4660    -2.00    4660    4660   73414
  CHINA SOYOIL     SEP5    5372   -14.00    5372    5372   73934
  CBOT SOY OIL     MAY5   31.26    -2.80   30.93   31.29     830
  INDIA PALM OIL   APR5  435.60    -2.80  434.30  437.50     425
  INDIA SOYOIL     APR5  590.20    +0.20  588.30  591.70    8060
  NYMEX CRUDE      MAY5   50.13    +0.99   49.47   50.35    7414
                                                                   
  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