Malaysian palm oil/Vegoils: Market factors to watch Tuesday Sept 29

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday September 29.
    
FUNDAMENTALS
* Malaysian palm oil futures climbed for a fifth straight day on Monday to their highest level
in almost 15 months, as traders bet on increasing demand, lower supply and declines in the
ringgit. 
* U.S. grain and soybean futures slid on Monday, pressured by a broad sell-off in commodity and
equity markets and progress by U.S. farmers in harvesting crops. 
* Oil prices fell nearly 3 percent on Monday, pressured by tumbling equities on Wall Street and
weak Chinese economic data, although an estimated drawdown in crude stocks at the key U.S.
storage hub appeared to limit losses, traders said. 
    
MARKET NEWS
* Global equity markets and commodities slumped on Monday, pulled lower by worry over the
economic health of China and other big emerging markets in a week filled with key economic
data.    
        
RELATED
> Brazil's Santos port reduces drafts at Noble, Copersucar terminals      
> Drought to lift India's palm oil imports to record-veteran trader        
> Herbicide scrutiny mounts as resistant weeds spread in U.S.             
> El Nino to halve palm oil growth in 2016 - Mielke                       
> Russian wheat prices up, track global benchmarks                        
             
DATA/EVENTS
> Cargo surveyor ITS releases Malaysia's April 1-30 palm oil export data on September 30.
> Cargo surveyor Societe Generale de Surveillance unveils May 1-31 palm oil exports in Malaysia
on September 30.     
    
    
  Palm, soy and crude oil prices at 0028 GMT
                                                                   
  Contract        Month    Last   Change     Low    High  Volume
  MY PALM OIL      OCT5       0    +0.00       0       0       0
  MY PALM OIL      NOV5       0    +0.00       0       0       0
  MY PALM OIL      DEC5       0    +0.00       0       0       0
  CHINA PALM OLEIN JAN6    4440   -72.00    4438    4532  586412
  CHINA SOYOIL     JAN6    5394   -42.00    5392    5460  288824
  CBOT SOY OIL     DEC5   27.51    +0.10   27.37   27.52    1522
  INDIA PALM OIL   SEP5  422.70    +0.10  417.00  425.60    1422
  INDIA SOYOIL     OCT5  603.50   +18.05  594.60  608.30   91645
  NYMEX CRUDE      NOV5   44.53    +0.10   44.30   44.59    1769
                                                                   
  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