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

FUNDAMENTALS

* Malaysian palm oil futures on Friday eased further from 5-week highs hit earlier in the week,

although strong export data from the world's No.2 producer of the edible oil helped prices post

a second straight weekly gain.

* U.S. wheat prices fell on Friday in a technical setback from a one-month high and a 7 percent

surge a day earlier, traders said. Corn and soybeans also eased as U.S. crop prospects remained

bright amid generally favorable weather in the Midwest.

* Brent rebounded from Friday's early weakness while U.S. crude held to losses as traders and

investors debated whether oil's rally over the past month and a half should continue amid

stubbornly high supplies.

MARKET NEWS

* Treasury yields dropped and the dollar eased on Friday following a stabilization in European

government bonds and another batch of weak U.S. data that raised expectations the Federal

Reserve will need to wait longer to hike interest rates.

RELATED

> Malaysia's May 1 - 15 palm oil exports rise 54.5 pct -ITS

> Malaysia's May 1-15 palm oil exports rose 56.1 pct -SGS - RTRS

> Asia Rubber-Fewer deals as Chinese buying tapers off

> U.S. April soy crush of 150.363 mln bushels tops forecasts

> INTERVIEW-El Nino could send cocoa prices soaring 20 pct: Sucden

> NY cocoa extends rally to 7-month high, sugar pares gains

> Kenya plans to privatise sugar companies within 12 months

> Sysco sees U.S. bird flu hurting egg supply up to 18 months

DATA/EVENTS

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

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

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