Workflow
产地数据对价格有支撑 预计棕榈油暂维持前高运行
Jin Tou Wang·2025-07-03 07:03

Core Viewpoint - Palm oil futures have shown a bullish trend, with the main contract reaching a peak of 8522.00 yuan and closing at 8482.00 yuan, reflecting a 1.27% increase [1]. Group 1: Market Analysis - Hualian Futures suggests a support level for palm oil at around 7800 yuan [2]. - Zhonghui Futures anticipates that palm oil will mainly operate below previous highs in the near term [3]. - Ningzheng Futures recommends a low-position buying strategy for palm oil due to reduced production and increased exports in June [4]. Group 2: Supply and Demand Dynamics - SPPOMA data indicates a 0.65% month-on-month decrease in Malaysian palm oil production from June 1 to June 30, while exports have slightly increased, alleviating inventory pressure [2]. - The recent U.S. Senate decision to restrict tax credits for biofuels produced from non-North American materials is expected to positively impact soybean oil prices, indirectly affecting palm oil [2]. - The domestic market is experiencing a supply surplus of palm oil, leading to weak demand, as indicated by the ongoing inversion in the price difference between soybean and palm oil [4].