Malaysian palm oil/Vegoils: Market factors to watch Friday March 1

Malaysian palm oil futures reversed losses in its second half of trade on Thursday, rising to a one-week peak as sentiment turned bullish on higher price forecasts from an industry conference.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday March 1.

FUNDAMENTALS

* Malaysian palm oil futures recorded a fifth straight day of losses on Thursday, hitting their lowest in two months, as exports weakened and inventories remained high.