The landing of major reports, where will the oil market go?

Gold Ten Futures July 1st news, the new season planting area and quarterly inventory report of American beans have been released. From the data point of view, this report is neutral. The new crop of American beans is about to enter the weather market, but the soybean harvest in South America has ended, and the global soybean supply outlook is still sufficient. In terms of domestic spot fundamentals, the domestic soybean supply was sufficient before September, and the current oil plant maintained a high startup rate. The third quarter of rapeseed also has a large number of successive ships, a single month to the port volume of more than 300,000 tons, while palm oil will also be added to the ship, the three major oil inventories have increased steadily, the supply pattern is still loose, coinciding with the current stage of oil in the seasonal consumption off-season, around the country is about to enter the summer, school holidays, so there is no obvious driving up oil, it is recommended that there is no macro guidance before, still rigid demand cautious wait-and-see is better.