Group 1 - The strong demand for palm oil in the Indian market is a key factor driving the rise in Malaysian palm oil futures prices, with India expected to import over 800,000 tons of palm oil in June [1] - In May, India's palm oil imports reached 660,000 tons, a 12% increase compared to the previous month, indicating a positive trend in purchasing activity [1] - Indian buyers are strategically stockpiling palm oil due to relatively low international prices, with some refineries already pre-booking shipments for July [1] Group 2 - The robust demand from India is seen as a timely boost for the market, with replenishment needs post-Ramadan and seasonal consumption growth further driving palm oil prices up [3] - India's palm oil inventory at ports has dropped to a three-month low of 280,000 tons, increasing the urgency for importers to ramp up purchases [3] - Despite the optimistic outlook, Malaysian palm oil prices need to overcome challenges such as Indonesia's potential reintroduction of export taxes and fluctuations in international soybean oil prices and crude oil markets [3]
印度大举进口棕榈油,能否助力马来西亚油价冲破4000大关?
Sou Hu Cai Jing·2025-07-03 06:18