October 9th News
1. Mean Difference Variation Table
| Difference Type | Value on 2026.10.08 | Value on 2026.10.07 | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | -20.8 | 0 | - |
| 10-Day Difference (D10) | 2.4 | -0.4 | + |
| 20-Day Difference (D20) | -99.7 | -106.5 | + |
2. Signal Status Judgment
The current average deviation change symbol combination is (-, +, +), which belongs to a strong consolidation (biased towards bullish) signal.
3. Trend Direction Conclusion
Currently, palm oil prices are trending sideways, as the 5-day, 10-day, and 20-day moving averages have not moved in the same direction as the previous day, failing to meet the criteria for a clear upward or downward trend.
4. Positional Spatial Reference
60-day and 3-month cycle palm oil prices are at a low level, with limited room for short-term decline; 1-year cycle prices are at a medium level, with some room for both increases and decreases in the medium term.
5. Fundamental Reference
According to industry research data, Malaysia's palm oil production in September exceeded expectations and reached a historical high, with weak export demand, and inventories are expected to hit a record high, putting some pressure on prices in the short term.
6. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.