According to the Commodity Market Analysis System of SunSirs, the domestic palm oil market has fluctuated and risen since June 9th. On June 9th, the average market price of palm oil was 8,644 RMB/ton, and on June 20th, the average market price of palm oil was 8,832 RMB/ton, with a price increase of 2.17%.

Since June 9th, the palm oil market has fluctuated and risen. Malaysia's palm oil production has declined, with South Malaysia's palm oil production decreasing by 4.0% month on month from June 1st to 15th, supported by external palm oil market, domestic palm oil futures market rising, and spot market supported. The demand for terminal oil is average, with a long short game, and the domestic palm oil futures market is fluctuating and rising. As of June 20th, the average price of palm oil in the market has risen to 8,800 RMB/ton, with a price increase of 200 RMB/ton.

The palm oil analyst from SunSirs believes that at the end of June, the demand for terminal oils was poor, and the estimated palm oil production in major producing countries declined. The palm oil market in the future will fluctuate widely, with mixed ups and downs.

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