Markets

Malaysian palm oil/Vegoils: Market factors to watch Friday March 29

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 29.

FUNDAMENTALS 

* Malaysian palm oil futures slipped to a more than one-week low at one point on Thursday as high inventory levels continued to weigh on the market.

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