Malaysian palm oil/Vegoils: Market factors to watch Wednesday May 30

Malaysian palm oil futures rose 2 percent on Tuesday, a second consecutive session of gains on stronger export demand and expectations of weaker production.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday May 30.

FUNDAMENTALS

* Malaysian palm oil futures fell as much as 1.9 percent on Monday evening, hitting their lowest in more than a week, tracking losses in crude and weaker related edible oils.