Core Viewpoint - The palm oil futures market is experiencing a strong upward trend, with prices fluctuating between 8806.00 and 9018.00 CNY/ton, reflecting a rise of approximately 2.18% [1] Group 1: Market Performance - The main contract for palm oil opened at 8808.00 CNY/ton and reached a high of 9018.00 CNY/ton during the trading session [1] - The market is showing a strong performance with a general upward trend in palm oil prices [1] Group 2: Institutional Perspectives - Donghai Futures indicates that the macroeconomic environment is weakening, and with OPEC+ agreeing to a significant production increase in September, the palm oil market may face downward pressure [1] - Ningzheng Futures notes that typhoon weather has delayed palm oil shipments to East China, leading to a slight decrease in domestic commercial inventory and a minor recovery in the soybean-palm oil price spread [1] - Zhonghui Futures highlights that policies in Indonesia and Malaysia favor palm oil consumption, with buying demand from China and India, suggesting a bullish outlook for the market [1]