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

FUNDAMENTALS

* Malaysian palm oil futures briefly touched a five-week top on Wednesday on worries an El Nino

weather pattern would curb yields, but expectations of weaker export demand in the second half

of the month kept a lid on gains.

* U.S. soybean futures rose slightly on short-covering on Wednesday after falling nearly 2

percent a day earlier when a U.S. Agriculture Department report projected domestic soy stocks

would rise to a nine-year high.

* Oil prices fell after initially rallying on Wednesday as worries about huge supplies weighed

on the market despite a second straight week of draws in U.S. crude.

MARKET NEWS

* The dollar index hit its lowest in more than three months while gold prices jumped on

Wednesday as weaker-than-expected U.S. retail sales bolstered confidence the Federal Reserve

will hold off raising rates soon.

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DATA/EVENTS

> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance to release data

on Malaysia's May 1-15 palm oil exports on May 15.

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