Malaysian palm oil/Vegoils: Market factors to watch Thursday Dec 29

Malaysian palm oil closed higher on Friday, reversing earlier losses, as traders squared positions ahead of the weekend and as low stock levels supported the market.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil mar kets on Thursday Dec 29.

* Malaysian palm oil futures rose to their highest in one-and-a-half weeks on Wednesday, marking a second consecutive session of gains, helped by tight supplies and improving exports.