Malaysian palm oil/Vegoils: Market factors to watch Friday Sept 14

The government will draw up new strategies and approaches to combat the anti-palm oil campaign by the European Union (EU) which give negative perceptions of the palm oil industry in this country.

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

FUNDAMENTALS

* Malaysian palm oil futures edged higher on Thursday evening to snap four sessions of declines on a technical correction and support from a strong demand outlook.