Palm oil/Vegoils: Market factors to watch Monday Dec 18

Malaysian palm oil futures fell from a one-week high on Monday evening, weighed down by a stronger ringgit MYR=, which makes the tropical oil more expensive for holders of foreign currencies

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Dec 18.

FUNDAMENTALS

* Malaysian palm oil futures notched up their biggest daily gain in nearly five months on Friday, rising over 2 percent on a technical rebound and expectations that production will decline this month.