On March 25, the benchmark price of palm oil in SunSirs was 7426.00 RMB/ton, which was -9.13% lower than that at the beginning of this month (8172.00 RMB/ton).
An agricultural product analyst at SunSirs, believes that the current palm oil price is already at a low price, and the inflection point has gradually emerged, and the negative factors have materialized. It is expected that the palm oil market may bottom out and rebound in the market outlook.
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