KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday.
Malaysian crude palm oil futures rose by as much as 1.4 percent on Friday, rebounding from the previous day's six-week low and tracking gains in other markets, but traders expected the euro zone worries to dampen sentiment.
US soybean futures jumped to a one-week high Friday as forecasters warned that unfavorable dryness will persist in Argentina, increasing stress on crops in the world's No. 3 soybean exporter.
Oil edged lower in volatile trading on Friday, posting a second consecutive weekly loss as caution about Europe's debt crisis and year-end positioning continued to spark selling into rallies.
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