In the context of tightening supply and demand throughout the year, it is difficult for palm oil prices to move significantly downward

Golden Ten Futures, April 12, Guantong Futures said that in the short term, palm oil will be transferred to a boom in supply and demand, and inventories in production areas may rebound in April. The contradiction between supply and demand has eased, which means that the market trading logic may be switched in late April. Short-term or pressure oil, pay attention to risks in the short term. However, in the context of tightening supply and demand throughout the year, it is difficult for the center of gravity of palm oil prices to move significantly downward. On the disk, fluctuations are the main thing, and multiple orders are held in moderation in the early stage. Be cautious before the MPOB supply and demand report is released, and it is not advisable to transfer to short logic prematurely.