Malaysian palm oil/Vegoils: Market factors to watch Wednesday June 29


New challenges: A smallholder harvesting oil palm fresh fruit bunches in Kampung Chenderong Kelubi in Kampung Gajah, Perak.

* Malaysian palm oil futures closed slightly lower on Tuesday evening on the back of slow export demand, erasing gains earlier in the day when prices were tracking stronger performing soy.

* Chicago Board of Trade soybean futures rose 1.3 percent on Tuesday to a one-week high, on concerns about crop development in the U.S. Midwest and signs of good export demand, traders said. 

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