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Home > News > Price Trends > November 2, 2026 Palm Oil Trend Analysis: Volatility

November 2, 2026 Palm Oil Trend Analysis: Volatility

ECHEMI 2026-11-02

November 2nd, according to news,

1. Mean Difference Change Table

Difference Type Value as of 2026.11.01 Value as of 2026.10.31 Direction of Change
5-Day Difference (D5) 30.00 40.00 -
10-Day Difference (D10) -68.00 -93.20 +
20-Day Difference (D20) -74.40 -74.50 +

2. Signal Status Judgment

Strong consolidation (bullish)

3. Trend Direction Conclusion

Oscillation. Reason: The change directions of the 5-day, 10-day, and 20-day differences compared to the previous day are not completely consistent, meeting the oscillation criteria, with the corresponding symbol combination being (-, +, +), indicating a strong consolidation with a bullish bias.

4. Positional Spatial Reference

  • The 60-day price is at the first tier (low level), with limited downside potential;
  • The 3-month cycle price is in the first tier (low level);
  • The 1-year cycle price is in the 3rd tier (median) in China, with some room for increase.

5. Trend Chart Display

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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