Malaysian palm oil/Vegoils: Market factors to watch Wednesday Jan 16

Malaysian palm oil futures edged up at the close of trade on Friday, but remained largely caught in a range as demand remained tepid.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Jan 16..

FUNDAMENTALS

* Malaysian palm oil futures rose on Tuesday evening for their biggest daily advance in a week, rebounding from Monday's near two-week low, tracking gains in crude oil prices.