Palm oil/Vegoils: Market factors to watch Thursday Sept 20

A strong push by the Governmen t for B5 could translate into domestic palm oil stock s being reduced to below 1million tonnes as well as provide a floor price at RM2,000 per tonne.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Sept 20.

FUNDAMENTALS

* Malaysian palm oil futures hit their lowest in nearly two months on Wednesday, tracking declines in related edible oils and as traders expect higher stockpiles in producer nations.