Malaysian palm oil/Vegoils: Market factors to watch Monday March 2

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday March 2.
    
FUNDAMENTALS
* Malaysian palm oil futures rose on Friday for a second straight weekly gain on
anticipation of weaker output from top grower Indonesia, and as investors
stepped up buying ahead of an industry meet in Kuala Lumpur next week. 
* Chicago wheat futures rallied nearly 3 percent on Friday after falling to
three-week lows this week as another arctic blast across the U.S. winter wheat
belt raised worries about the dormant crop, traders and analysts said. 
* Crude oil rose sharply on Friday as Brent and U.S. futures posted their first
monthly gains since June, supported by an improving demand outlook and supply
outages. 
    
MARKET NEWS
*  U.S. stocks closed lower on the last trading day of February after mixed U.S.
economic data on a day when European stocks hit records and oil prices rebounded
for their first monthly gain since June. 
      
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> Global coffee exports rise slightly in January -ICO            
> U.S. crop insurance floor prices expected to drop again in 2015
 
 
    
DATA/EVENTS 
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance
to release data on Malaysia's February palm oil exports on March 2.
 
  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