Malaysian palm oil/Vegoils: Market factors to watch Friday April 17

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday April 17.
    
FUNDAMENTALS
* Malaysian palm oil futures ended lower for the first time in five days on Thursday as the
contract succumbed to the strong ringgit and concerns that demand in April would be weaker than
anticipated. 
* Chicago Board of Trade soft wheat futures rose on Thursday while K.C. hard red winter wheat
fell to multi-year lows on poor export demand and much-needed rains falling in key U.S. crop
areas, traders said. 
* Crude oil prices jumped to fresh 2015 peaks on Thursday, turning higher on news that a tribal
group made up of former Al Qaeda militants took control of a major southern oil terminal in
Yemen. 
    
MARKET NEWS
* Wall Street equities finished modestly lower on Thursday as investors worried about coming
corporate results, while European stocks fell nearly 1 percent under the weight of Greece's
worsening financial predicament.    
    
RELATED
> Palm prices may hit 2,300 rgt by end-2015 - Mielke                            
> Palm stocks to rise in H2 on strong output, poor biodiesel demand-analyst Fry 
> Palm buyers seen delaying purchases to get duty-free cargoes from Malaysia    
> China considers more subsidies for corn processors, state sales low           
> French farmers warn of crop, job losses as Total turns to biofuels            
> Zimbabwe takes tobacco road to agriculture recovery                           
    
    
DATA/EVENTS 
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance to release data
on Malaysia's April 1-20 palm oil exports on April 20. 

  Palm, soy and crude oil prices at 0452 GMT
                                                                                             
  Contract        Month    Last   Change     Low    High  Volume
  MY PALM OIL      FEB5    2240   -24.00    2230    2254      29
  MY PALM OIL      MAR5    2228   -19.00    2220    2249     388
  MY PALM OIL      APR5    2210   -20.00    2202    2222    7986
  CHINA PALM OLEIN MAY5    4846   -22.00    4844    4874  180294
  CHINA SOYOIL     MAY5    5514   -52.00    5508    5562  240078
  CBOT SOY OIL     MAR5   31.48    -3.50   31.47   31.57    2367
  INDIA PALM OIL   JAN5  434.90    -3.50  434.00  439.50     488
  INDIA SOYOIL     FEB5  616.00    -9.00  615.70  624.80   50145
  NYMEX CRUDE      MAR5   45.06    -0.53   44.35   45.35   25835
                                                                                             
  Palm oil prices in Malaysian ringgit per tonne
  CBOT soy oil in U.S. cents per pound
  Dalian soy oil and RBD palm olein in Chinese yuan per tonne
  India soy oil in Indian rupee per 10 kg
  Crude in U.S. dollars per barrel
 - Reuters