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

FUNDAMENTALS

* Malaysian palm oil futures hit their highest level in nearly two weeks on Tuesday as the

ringgit continued to weaken near 1998 lows, although declines in competing markets dragged on

appetite for the edible oil.

* U.S. soybean futures fell 1.5 percent on Tuesday, pressured by concerns about cooling demand

from top importer China and forecasts for rain in the U.S. Midwest at a key point in the crop's

development.

* Oil prices settled up on Tuesday, with U.S. crude rallying as much as 2 percent, after bullish

economic data and bets for lower crude stockpiles in the United States, the world's largest oil

consumer.

MARKET NEWS

* A 6.0 percent tumble in Chinese shares on Tuesday, and weak earnings from Wal-Mart pressured

U.S. stocks and copper prices saw six year lows.

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DATA/EVENTS

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

on Malaysia's August 1-20 palm oil exports on August 20.

Palm, soy and crude oil prices at 0016 GMT

Contract Month Last Change Low High Volume

MY PALM OIL SEP5 0 +0.00 0 0 0

MY PALM OIL OCT5 0 +0.00 0 0 0

MY PALM OIL NOV5 0 +0.00 0 0 0

CHINA PALM OLEIN JAN6 4528 -64.00 4516 4578 311654

CHINA SOYOIL JAN6 5522 -56.00 5486 5548 327562

CBOT SOY OIL DEC5 28.58 +3.20 28.57 28.67 460

INDIA PALM OIL AUG5 393.00 +3.20 388.10 394.80 2759

INDIA SOYOIL AUG5 586.00 +0.45 584.50 586.00 7825

NYMEX CRUDE SEP5 42.36 -0.26 42.31 42.42 546

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