Palm Oil Market: Forward Production Cut Expectations Clash with High Inventory Reality, Geopolitical Premium at Risk of Fading, Waiting for Fundamental Signals

智通财经2026/07/23 06:42

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

(1) The El Niño phenomenon has already occurred in Q2 2026, and the probability of a strong El Niño in Q4 is rising. Long-term production reduction expectations provide a price floor for palm oil, but current inventories in producing regions remain high, with actual supply pressure limiting price increases. (2) Recently, the escalation of the situation in the Middle East has led to stronger crude oil prices, which in turn has pushed palm oil higher. However, there is a risk that the geopolitical premium may retreat, potentially dragging prices down. (3) The market will mainly focus on the realization of production cuts in producing regions and the pace of restocking in consumption regions. It is expected that after the fundamental pressure (high inventories) gradually eases, palm oil prices may experience a unilateral upward trend.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

According to disclosures by the US Securities and Exchange Commission (SEC), H&H International Investment, managed by Duan Yongping, held a total market value of approximately $19.1 billion at the end of Q2, down from about $20.0 billion at the end of Q1. In the second quarter, H&H continued to increase its holdings in Pinduoduo, Berkshire Hathaway Class B shares, and Disney, while establishing a new position in Alibaba. At the same time, it significantly reduced its holdings in Nvidia, Google,

智通财经•2026/08/16 04:36

According to the 13F filing submitted by Nvidia (NVDA.US), as of the end of the second quarter, Nvidia held 122.7 million shares of SpaceX, with an equity value of approximately $21 billion, making SpaceX Nvidia's second-largest stock holding after Intel.

智通财经•2026/08/16 03:11

South Korea’s stock market rebounds but short selling volume surges as chip outlook remains uncertain

智通财经•2026/08/16 01:41