Malaysian palm oil/Vegoils: Market factors to watch Monday Nov 6


Malaysian palm oil futures rose to their highest in two weeks on Monday in a fourth consecutive session of gains, tracking other edible oils and on forecasts of lower end-stocks in Indonesia.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Nov 6..

FUNDAMENTALS

* Malaysian palm oil futures edged down on Friday, tracking weaker soyoil prices while softer local demand and worries about rising production also weighed on sentiment.

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