Business data
Glycerin early June information
1.Although the U.S. crude oil and gasoline inventories have increased, the U.S. employment data is poor, so the probability of a rate cut in September and international oil prices rose.
2.Malaysia's gross palm oil futures closed lower for the second consecutive session on Wednesday, as the market waited for Malaysia's palm oil exports and production data.
3.Foreign futures market recently offered a high-level price, driven by the higher mood of other sales areas to take over, the willingness of the stockholders to support prices is stronger, there is no obvious decline is expected.
4.Glycerin market participants have a bearish mentality, the downstream is running weakly, rigid demand pressure deal, the high cost will continue to suppress the business start.