KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday April 23.
FUNDAMENTALS
* Malaysian palm oil futures made gains on Friday evening, their first in three sessions, tracking strength in crude oil prices and as the market saw profit taking in evening trade.
* U.S. wheat, corn and soybean futures fell on Friday, with forecasts for beneficial crop weather across key growing areas sparking a round of fund liquidation ahead of the weekend, traders said.
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