印尼大力度打击非法种植 短期棕榈油高位回调

Group 1 - The palm oil futures market is experiencing a downward trend, with the main contract opening at 9438.00 CNY/ton and a maximum of 9446.00 CNY, while the lowest point reached 9276.00 CNY, resulting in a decline of 2.03% [1] - Factors affecting palm oil prices include rising domestic inventories in China and India, which negatively impact export demand, but Indian pre-festival stockpiling supports demand [1] - Indonesia's crackdown on illegal palm oil plantations has led to the confiscation of 3.1 million hectares, raising concerns about future palm oil production due to operational inefficiencies during the transition of management rights [1] Group 2 - The oilseed market is under pressure from falling crude oil prices, while end-users are increasing purchases at lower prices, leading to higher transaction volumes [2] - Uncertainties surrounding soybean and canola prices due to U.S.-China negotiations and Australian canola imports are negatively impacting palm oil prices, suggesting a short-term bearish outlook for palm oil [2]