Malaysian palm oil/Vegoils: Market factors to watch Wednesday Jan 17

Malaysian palm oil fell on Friday evening in a second day of declines, weighed down by a stronger ringgit, its currency of trade.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Jan 17.

FUNDAMENTALS

* Malaysian palm oil futures fell as much as 2 percent in Tuesday evening trade, touching their lowest in more than two weeks, as a stronger ringgit and concerns over a European Union vote to curb palm oil imports dented sentiment.