Horse brown rose on TuesdayCandycrushgameonline0.Candycrushgameonline.74%CandycrushgameonlineOvernight palm oil rose 0. 5%Candycrushgameonline.59%, according to the Southern Malaysia Palm Fruit Manufacturers Association (SPPOMA), Malaysian palm oil production decreased by 7.15% month-on-month from April 1 to 20, with fresh fruit string (FFB) yield increased by 6.47% and oil yield (OER) decreased by 0.13%. According to data released by ITS, a shipping survey agency, Malaysia exported 905515 tons of palm oil from April 1 to 20, up 10.2% from 821820 tons from March 1 to 20. Judging from high-frequency data, horse palm exports continue to improve, and production is still in a downward trend, which is expected to be related to Ramadan, but production is expected to recover later with the end of Ramadan. On the domestic side, there are frequent boat purchases in the near future, and the distal supply is expected to increase obviously. with the improvement of palm oil supply in the future, the price difference between varieties is expected to change, which may be beneficial to the future palm oil alternative consumption. After May, with the recovery of production and the improvement of import profits, the inventory of domestic palm oil depots is expected to rise under the expectation of import improvement. On the market, the overall trend is strong, but imports are expected to increase, suppressing the price of palm oil.
Researcher: Cai Yuehui
Futures qualification number: F0251444
Futures investment consulting certificate number: 20013101
Assistant researcher: Li Qiurong
Futures qualification number: F03101823
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