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

FUNDAMENTALS

* Malaysian palm oil futures ended higher on Friday on prospects that top producer Indonesia will blend more palm into biodiesel this year, though concerns over dwindling demand still dragged the contract to its biggest weekly drop in a month.

* U.S. wheat futures retreated on Friday after a five-session rally, led by

declines in corn and soybeans as a surging dollar prompted broad weakness in

commodities.

* Oil prices fell sharply in early Asian trade on Monday, with U.S. crude

dropping more than 2 percent to a six-year low after the dollar hit fresh highs

and concerns grew that the United States might run out of oil storage.

MARKET NEWS

* The dollar surged on Friday as weak inflation data failed to stem expectations

the Federal Reserve will move to tighten monetary policy, and the greenback's

rise pressured stocks and commodities.

RELATED

> Indonesia to increase bio content for diesel to 15 pct -chief econ minister

> India's Feb palm oil imports down on oilseed duty worry

> Argentine floods seen cutting up to 2.5 mln tonnes from soy crop

> Bunge sells Cincinnati grain facility to warehouse firm Vogt

> S.Africa could import maize if stocks fall further on bad weather

DATA/EVENTS

> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance

to release data on Malaysia's March 1-15 palm oil exports on March 16.

Palm, soy and crude oil prices at 2358 GMT

Contract Month Last Change Low High Volume

MY PALM OIL APR5 0 +0.00 0 0 0

MY PALM OIL MAY5 0 +0.00 0 0 0

MY PALM OIL JUN5 0 +0.00 0 0 0

CHINA PALM OLEIN SEP5 4698 -26.00 4536 4734 262246

CHINA SOYOIL SEP5 5406 -54.00 5270 5444 243958

CBOT SOY OIL MAY5 30.50 +4.50 0.00 0.00 0

INDIA PALM OIL MAR5 451.00 +4.50 444.60 455.50 2121

INDIA SOYOIL APR5 584.00 +7.85 575.00 586.40 52440

NYMEX CRUDE APR5 43.83 -1.01 43.57 45.00 15639

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