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

FUNDAMENTALS

* Malaysian palm oil futures edged down on Tuesday as traders took profits

after a rally the day before and after Indonesia kept its palm oil export tax at

zero for April.

* A double-whammy of U.S. crop reports pegging corn plantings and inventories

above traders' estimates knocked down grain futures on Tuesday and fueled

forecasts for further price declines.

* Oil fell for a third straight session on Tuesday, with Brent crude tumbling 12

percent for the month, as world powers entered into intense negotiations with

Iran for a nuclear deal that could bring more of its oil to an oversupplied

market.

MARKET NEWS

* The euro closed out the worst quarter in its 15-year history on Tuesday,

slammed by monetary policy changes and worries about Greece, while U.S. stocks

retreated a day after posting big gains.

RELATED

> Iowa farmland prices down 7.6 percent in 6 months - survey

> As deadly pig virus wanes, bacon prices shrink

> UPDATE 1-USDA sees corn acres, stocks above expectations, record soy seedings

> Indian soybeans rise on spot demand, rapeseed on concerns about crop damage

> INTERVIEW-Golden Agri sees 2015 palm output at lower end of expectations

DATA/EVENTS

> NIL

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