KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday March 15.
* Malaysian palm oil futures fell for a seventh consecutive session on Thursday to a three-month low, as concerns over slowing demand and rising production dragged down the market.
* Chicago Board of Trade wheat futures rallied on Thursday for the second time in three days, hitting their highest in more than a week as investors scrambled to unwind short positions, traders said.
* Oil prices steadied on Thursday after hitting 2019 highs as OPEC built its case to extend its production cut program past June while lowering its forecast for crude demand.
* A gauge of global equity markets traded little changed on Thursday as European shares rose ahead of new voting that backed a Brexit delay and bolstered the dollar, while Wall Street meandered on uncertainty over U.S.-China trade talks.
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Cargo surveyor AmSpec releases Malaysia's Mar 1-15 palm oil export data on Mar 15.
Cargo surveyor SGS releases Malaysia's Mar 1-15 palm oil export data on Mar 15.
Cargo surveyor ITS releases Malaysia's Mar 1-15 palm oil export data on Mar 15. - Reuters