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

FUNDAMENTALS

* Malaysian palm oil futures slid to their lowest in nearly six weeks on Monday,

after a decision by the second-largest producer to impose export taxes next

month fuelled worries that price-sensitive buyers would switch to rival edible

oils.

* U.S. wheat futures rose for the sixth time in seven sessions on Monday on

concerns about dry conditions in the U.S. Plains hindering growth as the winter

wheat crop emerges from dormancy.

* Oil prices fell 2 percent on Monday, with U.S. crude hitting six-year lows, on

signs of higher output in the United States and Libya and a possible nuclear

deal that could end sanctions for Iran, allowing more of its oil into the

market.

MARKET NEWS

* The U.S. dollar weakened broadly on Monday ahead of the Federal Reserve's

policy meeting on worries that the central bank could become more cautious about

raising interest rates, while Wall Street stocks rose as the greenback's fall

eased worries about its effect on corporate profits.

RELATED

> Indonesia may give tax breaks to support new biodiesel mandates

> Malaysia's Mar 1-15 palm oil exports fell 5.2 pct -SGS

> India's poor rapeseed output to push cooking oil imports up

> Malaysia's March 1-15 palm exports fall 3.4 pct m/m - ITS

> Canada crop processor Legumex Walker hangs for-sale sign; shares up

DATA/EVENTS

> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance

to release data on Malaysia's March 1-20 palm oil exports on March 20.

Palm, soy and crude oil prices at 0003 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 4672 -10.00 4646 4680 143704

CHINA SOYOIL SEP5 5386 +0.00 5356 5396 148924

CBOT SOY OIL MAY5 30.34 -6.20 30.30 30.36 225

INDIA PALM OIL MAR5 444.60 -6.20 443.20 449.00 1043

INDIA SOYOIL APR5 584.00 +0.50 579.00 588.30 32690

NYMEX CRUDE APR5 43.86 -0.02 43.69 43.97 2328

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