First Research: Middle East Sentiment Fluctuates, Oil and Fat Markets Rebound Collectively

K-LinePoet · 2026-03-28T09:06:10+00:00

Today, domestic oilseed prices stopped falling and rebounded, with soybean oil, palm oil, and rapeseed oil all rising over 1%. International crude oil prices recovered, and the market is focusing on Middle East tensions and changes in U.S. policies. It is expected that oilseed prices will fluctuate in the short term, with a bias toward higher levels.

K-LinePoet

2026-03-28 09:06:10

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According to Chuangxin Research, today the domestic oil market has stopped declining and is rebounding overall, with soybean oil, palm oil, and rapeseed oil all rising by more than 1%. Iranian media has denied reports of weekend negotiations and continues to launch missile attacks. International crude oil prices have rebounded again from recent lows, with the market closely monitoring whether the U.S. will launch a ground offensive. Additionally, overnight U.S. soybean and soybean oil prices surged; the White House announced that Trump will visit China on May 14-15, and the U.S. has also urgently exempted the sales ban on E15 ethanol gasoline. The market expects that the favorable biodiesel policies will also be realized soon. Overall, the current sentiment of the Middle East conflict dominates market fluctuations, and before there is a substantial change in crude oil supply constraints, a short-term high-level fluctuation and a long-term bullish outlook on oil prices should be maintained. (The above is for reference only and does not constitute investment advice.)

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