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SunSirs: China Palm Oil Oscillates and Rises

July 21 2025 13:14:30     SunSirs (Selena)

According to the Commodity Market Analysis System of SunSirs, the domestic palm oil market has steadily risen since July, mainly oscillating upwards. On July 1st, the average market price of palm oil was 8,600 RMB/ton, and on July 18th, the average market price of palm oil was 9,048 RMB/ton, with a price increase of 5.21%.

Since July, the palm oil market has fluctuated and risen. The production of Malay palm oil is expected to increase in the external market, with strong exports and a strengthening market. The domestic palm oil futures market is rising, and the spot market is heating up. The demand for terminal oils is still acceptable, and the domestic palm oil spot market is operating at a high level. As of July 18th, the average price of palm oil in the market has risen to 9,048 RMB/ton, with a price increase of over 400 RMB/ton.

Palm oil analysts from SunSirs believe that at the end of July, the demand for terminal oils was weak, and Malaysian palm oil is currently in a period of increased production in the external market. Palm oil may weaken in the future.

 

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