The expected increase in production of horse palm is being fulfilled, and the domestic oil range volatility has intensified

Gold ten futures on July 24th news, Wednesday oil futures fell sharply, even palm oil led the decline in oil, long position squaring to the plate pressure, the price reduction downward. July horse palm oil market is expected to increase production is being fulfilled, which makes the market's previous concerns about production dashed. The pullback of American bean electronic disk put pressure on American soybean oil, and American soybean oil and horse palm oil fell together. The rebound of international oil was once again blocked. In the domestic market, the demand for oil in the inner market was sluggish, and the situation of oversupply continued. The market trend more followed the outer market. Even palm oil encountered long profit position squaring after testing the upper limit of the range again. Oil should be treated as the operating idea of maintaining range fluctuations, and it is mainly low suction and high selling.