Malaysian palm oil/Vegoils: Market factors to watch Monday March 4

Malaysian palm oil futures fell over 1 percent on Thursday after three consecutive sessions of gains, on expectations of rising inventory levels and technical selling.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday March 4.

FUNDAMENTALS

* Malaysian palm oil futures gained more than 3 percent at the close of trade on Friday, snapping five previous losing sessions, supported by short covering and forecasts of falling February production versus the previous month.