Malaysian palm oil/Vegoils: Market factors to watch Wednesday Mar 14


Malaysian palm oil futures rose on Tuesday evening, lifted by strength in rival edible oils and as demand expectations improved, traders said.

KUALA LUMPUR The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday March 14.

FUNDAMENTALS
* Malaysian palm oil futures rose on Tuesday evening, lifted by strength in rival edible oils and as demand expectations improved, traders said.  

* U.S. corn futures climbed to a seven-month high on Tuesday, buoyed by robust export demand amid drought conditions in No. 3 global shipper Argentina, traders said.    

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