卓创资讯：Pre-holiday risk aversion is strong, and palm oil prices mainly retreat from high levels

K-LinePoet · 2026-02-14T06:02:18+00:00

Recently, palm oil prices have retreated from high levels and experienced fluctuations, mainly due to market risk aversion ahead of the holiday. Yesterday, Malaysia's MPOB monthly supply and demand report showed a decline in inventory and production, providing a bottom support for palm oil prices; USDA report data was neutral to slightly bearish, with a tug-of-war between bullish and bearish sentiments in the oilseeds market. On February 10, the domestic palm oil spot port average price for 24 degrees was 8,983.75 yuan/ton, down 70 yuan/ton from the previous trading day, a decrease of 0.77%. As the year-end approaches, the palm oil market is gradually taking a holiday break. It is expected that palm oil prices will mainly fall back from high levels before the holiday, but due to price support, the room for decline is limited. (Zhuochuang Information)

K-LinePoet

2026-02-14 06:02:18

Recently, palm oil prices have fallen from high levels and are fluctuating, mainly due to market risk-avoidance sentiment before the holiday. Yesterday, Malaysia’s MPOB monthly supply and demand report showed a decline in inventory and production, providing a bottom support for palm oil prices; the USDA report data in the United States was neutral to slightly bearish, with the oilseed market showing mixed bullish and bearish signals. On February 10, the domestic palm oil spot port average price for 24 degrees was 8,983.75 yuan/ton, down 70 yuan/ton from the previous trading day, a decrease of 0.77%. As the year-end approaches, the palm oil market is gradually taking a holiday break. It is expected that before the holiday, palm oil prices will mainly fall from high levels, but due to price support, the downside space is limited. (Zhuochuang Information)

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