Pay attention to the annual range pressure on palm oil and effectively break through or form an upward channel!

Gold Ten Futures July 2nd news, palm oil production season pressure still needs to be digested, India's vegetable oil inventories increased month-on-month, inventories are higher than the historical normal level, import demand or uncertainty. The origin of high-frequency data weakened, June-July palm oil output is expected to increase month by month. However, in August began to be affected by La Niña, Indonesia, Malaysia or additional production cuts, will support oil prices, near July vigilant weather risk expectations ahead of force. Short-term impact on Indonesia's palm oil import countermeasures itself is relatively limited, mostly to boost sentiment, pay attention to palm oil annual range pressure, effectively break through or form an upward channel. Operationally, low more ideas.