Malaysian palm oil/Vegoils: Market factors to watch Tuesday May 24


Nomura Holdings Inc said in a report that prices, which had hit a six-year low in August and trading at a wide discount to soybean oil, could start increasing gradually to RM2,300 per tonne over the next three months.

* Malaysian palm oil futures hit their lowest level in nearly three months on Monday, dragged down by losses in Chinese vegetable oils, while a stronger ringgit also weighed on sentiment earlier in the day. 

* U.S. soybean futures fell on Monday on profit-taking as commodities fell broadly and soymeal backed down from contract highs, analysts said.  

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