SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: Palm Oil Fell Sharply on April 1

April 02 2022 08:48:24     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, on April 1, the market price of palm oil fell sharply, and the average market price was 12,294 RMB/ton.

Analysis review

The external market fell, palm oil futures plunged sharply, high prices inhibited transactions, demand was poor, and prices fell sharply, with a single-day drop of more than 3%.

Market outlook

Palm oil is expected to fall mainly in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

Related Information
Energy
Chemical
Rubber & plastics
Textile
Non-ferrous metals
Steel
Building materials
Agricultural & sideline products