According to the market analysis system of SunSirs, on July 31st, the palm oil market fell, with a single day decline of over 2%, a decrease of 3.7% compared to last week's July 26th.

Malaysia's palm oil is in the midst of an increase in production cycle, with futures prices declining. Coupled with flat terminal demand, the spot market for palm oil is mainly declining. Due to the impact of high temperature weather, the demand for oil is poor, and the future palm oil market will continue to be weak and downward, with weak upward momentum.

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