Pre-festival stocking demand in India is gradually being released in January, and Malaysia's palm oil exports have shown a significant increase in January. Additionally, the intensified decline in Malaysia's palm oil production, coupled with expectations of higher export tariffs in Indonesia, has boosted palm oil futures prices. In the short term, bearish factors for palm oil have been largely exhausted, while bullish influences continue to develop. It is expected that palm oil prices may trend stronger with some volatility.