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

FUNDAMENTALS

* Malaysian palm oil futures edged down on Friday, reversing early gains to record their biggest

monthly drop since March, but losses were limited by a weaker ringgit and data showing Malaysian

exports fell less than expected this month.

* Chicago Board of Trade soybean futures fell on Friday, pressured by profit-taking and the

cancellation of an export deal with China, traders said.

* U.S. crude posted its biggest monthly drop since the 2008 financial crisis on Friday after a

string of losses in July triggered by China's stock market slump and signs that top Middle East

producers were pumping crude at record levels.

MARKET NEWS

* The dollar fell and benchmark U.S. Treasury yields touched multi-week lows on Friday as an

unexpectedly weak government reading of American labor costs dulled prospects for higher U.S.

interest rates.

RELATED

> India to buy oilseeds from farmers in bid to slash imports

> U.S. biodiesel output rises to 116 million gallons in May -EIA

> Weak currency boosts Brazil sales of new soybean crop

> Rain delays some EU wheat harvesting but French work going well

> Traders see risks of repetition of robusta futures standoff

DATA/EVENTS

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

on Malaysia's August 1-10 palm oil exports on August 10.

Palm, soy and crude oil prices at 0009 GMT

Contract Month Last Change Low High Volume

MY PALM OIL AUG5 0 +0.00 0 0 0

MY PALM OIL SEP5 0 +0.00 0 0 0

MY PALM OIL OCT5 0 +0.00 0 0 0

CHINA PALM OLEIN JAN6 4784 +28.00 4766 4798 253962

CHINA SOYOIL JAN6 5520 +24.00 5496 5542 214348

CBOT SOY OIL DEC5 30.66 -2.00 30.64 30.71 291

INDIA PALM OIL JUL5 419.10 -2.00 417.50 420.40 856

INDIA SOYOIL AUG5 576.50 +6.00 568.20 576.60 66095

NYMEX CRUDE SEP5 48.50 -0.02 48.43 48.57 1325

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