According to the Commodity Market Analysis System of SunSirs, in early August, the domestic palm oil market showed mixed ups and downs, mainly oscillating. On August 1st, the average market price of palm oil was 8,992 RMB/ton, and on August 6th, the average market price of palm oil was 9,022 RMB/ton, with a price increase of 0.33%.
Since August, the palm oil market has remained mainly volatile. Malaysia's palm oil sector is on the rise. Among them, the palm oil yield in Malaysia decreased by 19.32% month on month from August 1st to 5th, 2025. Malaysia's palm oil exports have increased. The overseas palm oil market is improving. The domestic palm oil futures market is strengthening, while the spot market is rising in line with the market trend. Due to the sluggish demand for palm oil terminals, the domestic palm oil spot market has shown weak upward momentum. As of August 6th, the average price of palm oil in the market is 9,022 RMB/ton, with an overall increase of about 50 RMB/ton.
The palm oil analyst from SunSirs believes that in mid August, the demand for terminal oils will be poor, and the palm oil in major producing countries will be in a production reduction cycle. The palm oil market will continue to fluctuate in the future.
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