With the advent of the production cut cycle, will palm oil continue to strengthen?

Gold Ten Futures October 30th news, as the main producing countries enter the production cut cycle, the supply of palm oil continues to decrease, and the palm oil inventories of the main producing countries tend to decline, driving the internal and external palm oil futures prices to continue to rise, and continue to refresh the highs in the past two years. Looking forward to the market outlook, it is difficult to effectively change the tight palm oil supply pattern in the short term. Coupled with the US dollar entering the interest rate cut cycle, the international crude oil price remains relatively high, and palm oil futures will continue to operate strongly.