国内暂无新增买船 棕榈油期货随成本震荡企稳

Group 1 - The palm oil futures market is showing a strong upward trend, with the main contract opening at 8698.00 CNY/ton and reaching a high of 8850.00 CNY, reflecting an increase of approximately 1.50% [1] - The MPOB report for October indicates that Malaysian palm oil production increased by 11.02% month-on-month, exports rose by 18.58%, and inventory grew by 4.4%, slightly above market expectations, suggesting a bearish outlook [1] - Current market sentiment is mixed, with some analysts noting that while there is a seasonal trend of inventory reduction, the palm oil market is entering a production cut cycle, leading to a cautious outlook on price stability [1][2] Group 2 - The analysis from Guotou Anxin Futures highlights that despite a decrease in palm oil prices, the significant increase in supply has led to a rise in inventory levels, maintaining a bearish sentiment in the market [2] - High-frequency data for early November shows that Malaysian palm oil production continues to grow, while export demand has declined, indicating ongoing pressure on prices due to high inventory levels [2] - The market is currently experiencing a tug-of-war between bullish and bearish forces, with prices expected to remain in a sideways trend until clearer supply-demand signals emerge [2]