Malaysian palm oil/Vegoils: Market factors to watch Thursday June 9


Malaysian palm oil futures rose on Friday tracking competing vegetable oils, gaining for a second consecutive day, although upsides were seen capped by a stronger ringgit

* Malaysian palm oil futures declined further on Wednesday, hitting a near two-week low, as the ringgit remained at its strongest level for nearly three weeks. 

* Chicago Board of Trade soybean futures jumped 3.4 percent to their highest in nearly two years on Wednesday as forecasts for hot temperatures to hit key growing U.S. regions stoked fears of damage to nascent crops, traders said. 

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