Institution: The market is waiting for the supply and demand data of palm oil, or it may trend sideways.

GateNews

2025-10-07 02:43:23

Jin10 reported on October 7 that driven by the strengthening of soybean oil prices on the Chicago Mercantile Exchange, palm oil prices rose during the Asian morning trading session. Phillip Capital pointed out in a report that as investors are waiting for the Malaysian Palm Oil Board's supply and demand data for September to be released on Friday, the current palm oil futures market may show a sideways consolidation trend.

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