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China Oils Market Review:The domestic palm oil import margins are in an inverted state, palm oil futures are still expected to remain relatively strong

Source: Mysteel Jan 28, 2026 09:09
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Plant Oil Demand Price Supply
Driven by capital and sentiment, domestic vegetable oil prices have performed remarkably well, with soybean oil continuously breaking upward. At the same time, the rebound in crude oil prices continues to bolster the vegetable oil market, maintaining a short-term outlook of relative strength. On the spot market, coastal crush plants are actively offering flat prices, putting further pressure on basis prices.

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