On July 17th, the National Grain and Oil Information Center reported that on July 16th, the tax payment cost of palm oil arriving at the port in South China for August and September was 208 yuan/ton and 288 yuan/ton higher than the contract price of 2509 palm oil on the trading house, respectively. Among them, the inverted range of August shipping schedule decreased by 24 yuan/ton compared to last week, and the inverted range of September shipping schedule increased by 56 yuan/ton compared to last week. Last week, there were 11 new ship purchases, including 4 for September, 4 for October, and 3 for November.

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