Plantations

Malaysian palm oil/Vegoils: Market factors to watch Friday March 2

A worker pushes a cart of palm oil fruits at Felda Bukit Cerakah in the district of Klang in Selangor. Photo: Reuters

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday March 2.

FUNDAMENTALS

* Malaysian palm oil futures snapped their winning streak on Thursday, with traders pointing to profit-taking that added to price pressure from weakness in U.S. soyoil.

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