Malaysian palm oil/Vegoils: Market factors to watch Monday Oct 8

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange rose 0.32 percent to 2,188 ringgit ($528.50) per tonne by the midday break. Palm oil posted a combined 1.8 percent gain in the previous two sessions, after hitting a three-year low last week.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil market on Monday Oct 8.

FUNDAMENTALS

* Malaysian palm oil futures closed lower on Friday, as rising production dented sentiment and ended three sessions of gains.