Malaysian palm oil/Vegoils: Market factors to watch Wednesday Jan 3

Malaysian palm oil futures fell from a one-week high on Monday evening, weighed down by a stronger ringgit MYR=, which makes the tropical oil more expensive for holders of foreign currencies

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Jan 3.

FUNDAMENTALS

* Malaysian palm oil futures rose more than 1 percent on Tuesday evening, tracking related edible oils and supported by improving export demand.