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

FUNDAMENTALS

* Malaysian palm oil eased on Wednesday, dropping away from a one-week high hit in the last

session as concerns over slowing demand and rising supplies anchored the market.

* U.S. soybeans and wheat fell on Wednesday, pressured by investment fund selling tied to

outlooks for drier weather in the United States and reduced export demand.

* Oil prices fell about 3 percent on Wednesday on expectations increased exports from Iran will

add to a global supply glut and on rising inventories at the delivery hub at Cushing,

Oklahoma.

MARKET NEWS

* U.S. stock prices slipped on Wednesday as weaker oil prices hurt energy shares, while

uneasiness about a Greek government vote on whether it would accept tough terms for another

bailout and protests against a debt deal spurred safe-haven bids for bonds.

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DATA/EVENTS

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

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

Palm, soy and crude oil prices at 0005 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 4864 -74.00 4816 4916 308024

CHINA SOYOIL JAN6 5666 -54.00 5602 5688 270496

CBOT SOY OIL DEC5 32.08 -3.30 32.04 32.11 349

INDIA PALM OIL JUL5 429.50 -3.30 427.10 433.00 788

INDIA SOYOIL AUG5 576.30 -4.15 576.00 581.90 46935

NYMEX CRUDE AUG5 51.67 +0.26 50.91 52.22 2214

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