Malaysian palm oil/Vegoils: Market factors to watch Monday Nov 19

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was down 1 percent at 2,191 ringgit ($537.80) a tonne at the end of the trading day. Trading volume stood at 49,614 lots of 25 tonnes each at the close of trade.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Nov 19.

FUNDAMENTALS

* Malaysian palm oil futures fell more than 3 percent on Friday and were expected to remain under pressure until at least the start of 2019 due to high inventories, traders said.