At Monday's close, the benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange was down 3.9 percent at 1,965 ringgit ($469.42) a tonne. That was its biggest one-day dip since Feb. 16 last year. Traded volumes stood at 53,531 lots of 25 tonnes each.
KUALA LUMPUR, March 13 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday March 13.
FUNDAMENTALS
* Malaysian palm oil futures dipped again on Tuesday, losing earlier gains made on rising crude oil prices.
* U.S. wheat futures jumped 5.5 percent on Tuesday, rebounding from contract lows on a round of technical buying and bargain hunting in an oversold market, traders said.
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