According to the Commodity Market Analysis System of SunSirs, in early July, the domestic palm oil market fluctuated and rose. On July 1st, the average market price of palm oil was 8,600 RMB/ton, and on July 15th, the average market price of palm oil was 8,844 RMB/ton, with a price increase of 2.84%.

In early July, the palm oil market fluctuated and rose. Malaysia palm oil long short game. Among them, from July 1st to 10th, the yield of palm oil in Malaysia increased by 35.43%, and the output increased by 35.28%. Mainly negative. Palm oil exports increased from July 1st to 10th, with a month on month growth of 12.0%. The bullish trend is still present, with a combination of bullish and bearish factors. The overseas palm oil market fluctuated and rose, while the domestic palm oil futures market fluctuated and rose, and the spot market was supported. The demand for terminal oils is poor, and the domestic palm oil futures market is fluctuating and rising. As of July 15th, the average price of palm oil in the market has risen to 8,844 RMB/ton, with a price increase of over 200 RMB/ton.

Palm oil analysts from SunSirs believe that in late July, the demand for terminal oils was weak, and the production of palm oil in major producing countries is expected to increase. There is still room for palm oil to rise in the future.

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