Bullish and Bearish Battles, Palm Oil Prices Fluctuate

August 6th news

According to the commodity market analysis system: In early August, the palm oil market in China showed mixed trends, mainly characterized by fluctuations. On August 1st, the average market price of palm oil was 8,992 CNY/ton, and on August 6th, the average market price of palm oil was 9,022 CNY/ton, with a price increase of 0.33%.

Bullish and bearish forces clash, palm oil prices fluctuate.

Since August, the palm oil market has still been mainly fluctuating. Positive factors have come for Malaysian palm oil. Among them, from August 1-5, 2025, the yield of Malaysian palm oil decreased by 19.32% month-on-month. Malaysian palm oil exports have increased. The external market for palm oil is improving. China's palm oil futures market has strengthened, and the spot market has followed with an increase. Due to weak terminal demand for palm oil, the rise in the spot market for palm oil in China has been sluggish. As of August 6, the average market price of palm oil was 9,022 CNY/ton, with an overall increase of about 50 CNY/ton.

Palm oil analysts believe: In mid-August, the demand for terminal oils is poor, and the main producing countries, including China, are in a period of reduced palm oil production. The future trend of palm oil will mainly be characterized by fluctuating operations.