According to the Commodity Market Analysis System of Shengyi Society, the palm oil market has been on an upward trend since August, with continuous upward movements. As of December 2nd, palm oil has risen by over 32%. On August 1st, the average market price of palm oil was 7854 yuan/ton, and on December 2nd, the average market price of palm oil was 10370 yuan/ton, with a price increase of 32.03%.