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Mysteel China edible oils market daily: The MPOB report has been released, and Malaysia's palm oil inventory data exceeded market expectations

Source: Mysteel Sep 11, 2026 11:10
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Plant Oil Demand Price Supply
Palm oil rebounded and rose in the night session. The bearish MPOB report has been partially digested, and producing areas are gradually entering the seasonal production-reduction cycle, but weak export demand provides a offset. In the short term, the overseas market lacks a clear direction. Domestic vessel purchases continue to increase, and future arrival pressure persists. Coupled with high commercial inventories and poor market liquidity, the pattern of strong supply and weak demand is difficult to change. Palm oil is expected to continue fluctuating.

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