The trend of divergence in the price inversion magnitude of palm oil imports in our country

This week, international palm oil prices continued their upward trend, with longer-term shipping periods experiencing even greater increases. The price difference for palm oil imports into China showed divergent trends. On March 18, the landed and taxed cost of palm oil for April and May shipping periods to South China was 178 yuan/ton and 388 yuan/ton higher than the large trader’s palm oil 2605 contract price, respectively. The price gap compared to the same period last week narrowed by 6 yuan/ton and widened by 224 yuan/ton, respectively. (National Grain and Oil Information Center)

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