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Home > News > Price Trends > Business Society’s Palm Oil Market Outlook on August 19, 2026: Clearly Upward Trend

Business Society’s Palm Oil Market Outlook on August 19, 2026: Clearly Upward Trend

ECHEMI 2026-08-20

August 19 news

1. Mean Deviation Change Table

Average Difference Type Today's Value (2026-08-18) Yesterday's Value (2026-08-17) Direction of Change
5-day Average Difference (D5) 49.80 23.40 +
10-day Average Difference (D10) 68.80 48.40 +
20-day Average Difference (D20) 82.30 69.00 +

2. Signal Status Determination

Clearly rising

3. Trend Direction Conclusion

Rising. Reason: The directions of change in the 5-day, 10-day, and 20-day moving averages were completely consistent with each other and all positive, meeting the criteria for a clear upward trend under the moving average difference method.

4. Positional Spatial Reference

The price is in the 5th level (high) of the 1-year cycle, with limited room for further increases.

5. Trend Chart Display

6. Risk Warning

The above analysis is for reference only and does not constitute trading advice.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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