MPOB(Malaysian Palm Oil Board) is the abbreviation of Malaysian Palm Oil Board, which publishes the monthly supply and demand data of Malay palm oil every month, which is called MPOB report by the market.

The early decline of palm oil was mainly due to the short-term expectations of the MPOB report. After the reports of 165438+ 10 in October and 10 in June were released, the data was really bad. As a result, the fear was released and the disk began to stop falling and rebound.