印尼B50宣布进入道路测试 棕榈油追空操作谨慎

Market Review - Domestic oilseed market showed weak fluctuations, with palm oil futures for the 2605 contract falling by 0.72% to 8276 yuan/ton [1] Fundamental Summary - Global sustainable development requirements, including new EU regulations, are increasing pressure on palm oil producers, potentially leading them to shift exports to markets with looser standards [2] - According to shipping survey agency ITS, Indonesia's palm oil exports in November decreased by 13.4% month-on-month to 1.748 million tons [2] - MPOC forecasts that Indonesia's palm oil exports will rise to 16.2 million tons by 2026, while production is expected to grow moderately to 19.7 million tons after a natural rest period following a bumper harvest in 2025 [2] Institutional Perspectives - Zhonghui Futures noted a decline in Malaysian palm oil exports in the first half of December, coupled with government comments on expected inventory accumulation, leading to bearish market sentiment; a cautious approach is advised for short-selling operations due to the upcoming production reduction season in Southeast Asia [4] - Ningzheng Futures indicated that despite Indonesia's B50 entering road testing, there was no significant boost to the market; the weak trend for Malaysian palm oil remains unchanged, with seasonal demand for oilseeds being low and downstream purchasing lacking momentum; short-selling is recommended during price rebounds [4]