棕榈油震荡偏弱运行

Report Summary 1. Industry Investment Rating - Not provided in the report 2. Core View - The fundamentals of palm oil are weak, and it is expected that the short - term palm oil price may fluctuate weakly [2][12] 3. Summary by Directory 5. Market Outlook - The United States started imposing a 19% import tariff on Indonesian and Malaysian palm oil on August 1st, and the EU set a zero - tariff quota of 1 million tons for Indonesian CPO [2][12] - In July 2025, the yield of fresh fruit bunches in Malaysia increased by 7.19%, the oil extraction rate decreased by 0.02%, and the palm oil production increased by 7.07%. Malaysian palm oil exports in July are expected to decline by 6.71% - 9.58% [12] - The inverted spread between soybean oil and palm oil in the domestic market has been slightly repaired. Recently, the center of the market has moved down. Enterprises in various markets are more active in quoting prices. Downstream buyers make rigid - demand purchases, and some high - cost - performance resources in the market have sold well [2][12]