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

FUNDAMENTALS

* Malaysian palm oil futures inched down on Wednesday, retreating further from sharp gains made

earlier in the week as a firm ringgit and concerns over rising palm supplies stifled buying

interest.

* U.S. corn futures fell for the third day in a row on Wednesday as traders staked out

positions ahead of a government report that was expected to boost projections for supplies of

the grain at the end of the crop year, traders said.

* Oil prices dived 6 percent on Wednesday after closing at their highest this year, as a mammoth

rise in U.S. crude stockpiles and news of record Saudi oil production scuttled talk of a

sustained recovery.

MARKET NEWS

* Global equity markets rose on Wednesday and European shares hit eight-year highs on a $70

billion takeover bid by Royal Dutch Shell RDSa.L, while U.S. shares pared gains after the

largest U.S. crude inventory build in 14 years slammed oil prices.

RELATED

> US farmers take a gamble with belt-tightening as incomes slide

> Blocked entrance to Brazil's Santos port to open overnight

> Premium for old-crop CBOT soy shrinks as China buys from South America

> Russia's EconMin says has proposals on Greece and Russia's food import ban

DATA/EVENTS

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

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

> Industry regulator the Malaysian Palm Oil Board (MPOB) to release data on Malaysia's end-March

palm oil stocks, exports and production on April 10.

Palm, soy and crude oil prices at 0020 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 4684 -30.00 4678 4702 143792

CHINA SOYOIL SEP5 5386 -32.00 5380 5406 152116

CBOT SOY OIL MAY5 30.94 -3.80 30.81 30.94 327

INDIA PALM OIL APR5 438.00 -3.80 438.00 442.80 1055

INDIA SOYOIL APR5 605.60 -0.30 604.30 609.40 12980

NYMEX CRUDE MAY5 51.04 +0.62 50.86 51.08 1951

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