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

FUNDAMENTALS

* Malaysian palm oil futures rose for the fourth consecutive session on short-covering ahead of

holidays and strength in Chicago soybean futures.

* U.S. corn futures retreated from an earlier one-year high and fell nearly 3 percent on Tuesday

on technical selling and forecasts for crop-friendly weather in the United States.

* Oil rose on Tuesday, reversing early losses and settling higher after it became apparent that

a nuclear deal between Tehran and six global powers will not immediately remove sanctions placed

on Iranian crude exports.

MARKET NEWS

* Stock markets worldwide rose modestly on Tuesday after a landmark nuclear deal between Tehran

and six global powers left sanctions on Iran in place for now, spurring gains in energy shares,

while expectations for weak corporate results capped U.S. share gains.

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> Iran deal could help India boost exports by over a third -trade body

DATA/EVENTS

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

on Malaysia's July 1-25 palm oil exports on July 15.

Palm, soy and crude oil prices at 0019 GMT

Contract Month Last Change Low High Volume

MY PALM OIL JUL5 0 +0.00 0 0 0

MY PALM OIL AUG5 0 +0.00 0 0 0

MY PALM OIL SEP5 0 +0.00 0 0 0

CHINA PALM OLEIN JAN6 4950 +10.00 4914 4978 317798

CHINA SOYOIL JAN6 5738 +32.00 5690 5766 361430

CBOT SOY OIL DEC5 32.63 -0.40 32.51 32.69 756

INDIA PALM OIL JUL5 432.60 -0.40 432.20 435.20 802

INDIA SOYOIL AUG5 580.40 -3.20 580.00 586.50 46345

NYMEX CRUDE AUG5 53.27 +0.23 52.65 54.00 2848

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