Price trend

According to the monitoring data of SunSirs, on April 13, the soybean oil and palm oil market rose, soybean oil rose 0.45% in a single day; palm oil rose 2.42% in a single day.

Analysis review

Supported by bullish factors in the outer disk, the soybean oil and palm oil futures rose sharply, and the spot soybean oil and palm oil rose.

Market outlook

The price of soybean oil and palm oil is expected to remain high in the short term.

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