VEGOILS-Market factors to watch May 16

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil

markets.

FUNDAMENTALS

* Asian vegetable oil markets fell on Friday, with futures in China and Malaysia declining by

2-4 percent, hit by the effects of a sell-off on China's commodities market.

* U.S. corn and wheat futures rose on Friday to their highest levels in more than a week and

gained against soybeans as traders took profits on inter-market spreads, analysts said.

* Oil slipped on Friday on a stronger dollar and as investors cashed in on a three-day rally,

but prices still ended the week higher after production in Nigeria fell to its lowest in two

decades and wildfires slashed output from Canada's oil sands.

MARKET NEWS

* The U.S. dollar rose to a more than two-week high against a basket of currencies on Friday

following strong U.S. economic data, putting pressure on oil prices, which fell after three days

of gains.

RELATED

> India's monsoon rains expected a week late, weather office says

> Palm oil producers predict El Nino to hit 2016 output

> French Senate suspends palm oil tax, pesticide ban deadline

> China commodities selloff spreads, as steel suffers worst week since 2009

> China goes cold on platinum jewellery, crimping world demand

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's May 1-15 palm oil export data on May 16.

> Cargo surveyor SGS releases Malaysia's May 1-15 palm oil export data on May 16.

* For a table on Malaysian physical palm oil prices, including refined oil, Reuters Terminal

users can double click on or type.

* To view freight rates from Peninsula Malaysia/Sumatra to China, India, Pakistan and

Rotterdam, please key in and press enter, or double click between the brackets.

* Reuters Terminal users can see cash and futures edible oil prices by double clicking on

the codes in the brackets: To go to the next page in the same chain, hit F12. To go back, hit

F11.

Palm, soy and crude oil prices at 0031 GMT

Contract Month Last Change Low High Volume

MY PALM OIL JUN6 0 +0.00 0 0 0

MY PALM OIL JUL6 0 +0.00 0 0 0

MY PALM OIL AUG6 0 +0.00 0 0 0

CHINA PALM OLEIN SEP6 5172 -94.00 5104 5198 448852

CHINA SOYOIL SEP6 6022 -80.00 5982 6046 305806

CBOT SOY OIL JUL6 32.44 +1.20 32.4 32.48 537

INDIA PALM OIL MAY6 548.30 +1.20 539.00 548.5 2548

INDIA SOYOIL MAY6 639.9 -2.50 636.1 640 3660

NYMEX CRUDE JUN6 46.30 +0.09 46.15 46.45 5811

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