On July 8th, the National Grain and Oil Information Center reported that last week, international palm oil futures prices rose by 3.17%, the largest increase in five weeks, due to factors such as Indonesia’s plan to impose tariffs on China. As the Indonesian government clarifies tariff rumors, it is expected that the palm oil market will give up policy premiums this week and gradually return to fundamental trading. Due to the first decline in palm oil production after three consecutive months of growth in June, the market is concerned that the subsequent increase in palm oil production may not be as expected, and it is expected that international palm oil prices will remain volatile in the near future.