2025/4/18 09:49 【国富期货早间看点】印尼⽣产商希望削减对美国出⼝关税 USDA 73.66 20250418 【国富期货早间看点】印尼生产商希望削减对美国出口关税 USDA 美豆当周出口销售73.66万吨符合预期 20250418 2025年04月18日 07:56 上海 | | | | | 收盘价 | 上日涨跌幅(%) | 隔夜涨跌幅(%) | | --- | --- | --- | --- | | 马棕油07(BMD) | 4041.00 | 0.12 | 0. 72 | | 布伦特06(ICE) | 67. 85 | 2. 71 | 1.56 | | 美原油06(NYMEX) | 63.75 | 2.92 | 1.40 | | 美豆07 (CBOT) | 1046. 75 | -0. 24 | 0.17 | | 美豆粕07(CBOT) | 303. 20 | -0. 30 | 0.00 | | 美豆油07(CBOT) | 48. 32 | 0. 81 | 0. 83 | | | 最新价 | 涨跌幅(%) | 十日涨跌幅 | | --- | --- | --- | --- | | 美元指数 ...

| | 收盘价 | 上日涨跌幅(%) | 隔夜涨跌幅(%) | | --- | --- | --- | --- | | 马棕油06(BMD) | 4121.00 | -1.51 | 0. 34 | | 布伦特06(ICE) | 64. 85 | 0. 05 | 0. 19 | | 美原油06(NYMEX) | 60. 97 | -0. 16 | 0. 15 | | 美豆07 (CBOT) | 1045. 75 | -0. 43 | 0. 41 | | 美豆粕07(CBOT) | 301. 20 | -0. 73 | 0. 67 | | 美豆油07(CBOT) | 47.80 | 1.96 | 1.42 | | | 最新价 | 涨跌幅(%) | 十日涨跌幅 | | --- | --- | --- | --- | | 美元指数 | 100. 130 | 0. 45 | | | 人民币(CNY/USD) | 7. 2096 | -0. 02 | | | 马米林吉特(MYR/USD) | 4. 3926 | -0.26 | | | 印尼卢比(IDR/USD) | 16536 | -0. 48 | | | 巴西里亚尔( ...

2025/4/14 09:51 【国富期货早间看点】SEA 3 11.3% 167 PAN 89.09% 20250414 【国富期货早间看点】SEA印度3月植物油库存下降11.3%至167万 吨 PAN巴西大豆收割进度达89.09% 20250414 2025年04月14日 07:20 上海 01 隔夜行情 | | 收盘价 | 上日涨跌幅(%) | 隔夜涨跌幅(%) | | --- | --- | --- | --- | | 马棕油06(BMD) | 4214. 00 | 0. 31 | 1 | | 布伦特06(ICE) | 64. 59 | 1.88 | 1.97 | | 美原油05 (NYMEX) | 61. 48 | 2.08 | 2. 30 | | 美豆05 (CBOT) | 1043. 75 | 1.53 | 0. 36 | | 美豆粕05(CBOT) | 299. 10 | 0. 50 | -0. 20 | | 美豆油05 (CBOT) | 47.28 | 2. 38 | 0.94 | | | 最新价 | 涨跌幅(%) 十日涨跌幅 | | --- | --- | --- | | 美元指数 | 9 ...

Report Title - "Guofu Bean Series Research Weekly Report: The US Suspends Tariff Policies for Some Countries, and the Domestic Bean Futures Market is Weaker than the International Market" [1] Report Date - April 14, 2025 [1] Report Structure 1. Market Review - Covers soybean, soybean meal, and soybean oil [5] 2. Production Area Weather - Includes weather in US and Argentine soybean production areas [5] 3. International Supply and Demand - Analyzes supply and demand of US, Brazilian, and Argentine soybeans [5] 4. Domestic Supply and Demand - Focuses on supply and demand of soybean oil and soybean meal [5] 5. Domestic and International Oil Futures and Spot Prices, and Spreads - Covers basis, monthly spreads, variety spreads, FOB quotes, and CFTC positions [5] Key Data US Soybean Data (Unit: million bushels) | Crop Year | 22/23 | 23/24 | 24/25 | | --- | --- | --- | --- | | Initial Inventory | 274 | 264 (March: 342) | 342 (March: 342), with a 0% month - on - month change, a 78 increase (29.55% year - on - year) | | Production | 4,270 | 4,162 (March: 4,162) | 4,366 (March: 4,366), with a 0% month - on - month change, a 204 increase (4.90% year - on - year) | | Total Supply | 4,569 | 4,447 (March: 4,447) | 4,733 (March: 4,728), with a 0% month - on - month change, a 286 increase (6.43% year - on - year) | | Total Consumption | 4,305 | 4,104 (March: 4,105) | 4,359 (March: 4,349), with a 0% month - on - month change, a 255 increase (6.21% year - on - year) | | Ending Inventory | 264 | 342 (March: 342) | 375 (March: 380), with a - 1% month - on - month change, a 33 increase (9.65% year - on - year) | | Stock - to - Sales Ratio | 6.13% | 8.33% (March: 8.33%) | 8.60% (March: 8.74%), with a - 2% month - on - month change, a 3.23% year - on - year increase [32] Brazilian Soybean Data (Unit: million tons) | Crop Year | 22/23 | 23/24 | 24/25 | | --- | --- | --- | --- | | Initial Inventory | 27.38 | 36.82 (March: 36.82) | 29.76 (March: 27.97), with a 6% month - on - month increase, a - 7.06 decrease (- 19% year - on - year) | | Production | 162.00 | 154.50 (March: 153.00) | 169.00 (March: 169.00), with a 0% month - on - month change, a 14.50 increase (9% year - on - year) | | Total Supply | 189.53 | 192.19 (March: 190.69) | 198.91 (March: 197.12), with a 1% month - on - month increase, a 6.72 increase (3% year - on - year) | | Total Consumption | 152.71 | 162.42 (March: 162.72) | 166.60 (March: 165.60), with a 1% month - on - month increase, a 4.18 increase (3% year - on - year) | | Ending Inventory | 36.82 | 29.76 (March: 27.97) | 32.31 (March: 31.52), with a 3% month - on - month increase, a 2.55 increase (9% year - on - year) [46] Argentine Soybean Data (Unit: million tons) | Crop Year | 22/23 | 23/24 | 24/25 | | --- | --- | --- | --- | | Initial Inventory | 23.69 | 17.00 (March: 17.00) | 24.05 (March: 24.05), with a 0% month - on - month change, a 7.05 increase (41% year - on - year) | | Production | 25.00 | 48.21 (March: 48.21) | 49.00 (March: 49.00), with a 0% month - on - month change, a 0.79 increase (2% year - on - year) | | Total Supply | 57.75 | 73.00 (March: 73.00) | 79.25 (March: 79.05), with a 0% month - on - month change, a 6.25 increase (9% year - on - year) | | Total Consumption | 40.76 | 48.94 (March: 48.94) | 54.60 (March: 54.10), with a 1% month - on - month increase, a 5.66 increase (12% year - on - year) | | Ending Inventory | 17.00 | 24.05 (March: 24.05) | 24.65 (March: 24.95), with a - 1% month - on - month change, a 0.6 increase (2% year - on - year) [61] Forecasts from Different Institutions - Multiple institutions have provided production forecasts for the 24/25 and 25/26 crop years, with varying degrees of change compared to previous forecasts [49] FOB Quotes - The report provides FOB quotes for Brazil, US Gulf, US West, and Argentina at different times in April and May, showing week - on - week changes [55]

2025/4/11 13:40 【国富期货早间看点】MPOB 3 156.3 USDA 24/25 3.75 20250411 【国富期货早间看点】MPOB马棕3月库存增至156.3万吨 USDA美 豆24/25年度库存料降至3.75亿蒲 20250411 2025年04月11日 07:35 上海 01 隔夜行情 | | 收盘价 | 上日涨跌幅(%) | 隔夜涨跌幅(%) | | --- | --- | --- | --- | | 马棕油06(BMD) | 4219.00 | 1. 33 | 0. 43 | | 布伦特06(ICE) | 63. 40 | -3.53 | 1.54 | | 美原油05(NYMEX) | 60. 23 | -3.95 | 1. 84 | | 美豆05 (CBOT) | 1028.00 | 1.53 | 0. 46 | | 美豆粕05(CBOT) | 297. 60 | 1. 19 | 0. 10 | | 美豆油05 (CBOT) | 46. 18 | 0. 02 | -0. 35 | | | 最新价 | 涨跌幅(%) 十日涨跌幅 | | --- | --- | --- | | 美 ...

2025/4/10 15:31 【国富期货早间看点】印尼棕榈油⾏业敦促政府降低棕榈油出⼝成本 Anec 4 1330 20250410 【国富期货早间看点】印尼棕榈油行业敦促政府降低棕榈油出口成本 Anec巴西4月大豆预计出口1330万吨 20250410 2025年04月10日 07:28 上海 01 隔夜行情 | | 收盘价 | 上日涨跌幅(%) | 隔夜涨跌幅(%) | | --- | --- | --- | --- | | 马棕油06(BMD) | 4158. 00 | -0.98 | 0. 29 | | 布伦特06(ICE) | 65. 72 | 6. 65 | 10. 71 | | 美原油05 (NYMEX) | 62. 71 | 7. 69 | 11. 76 | | 美豆05(CBOT) | 1012. 50 | 2. 02 | 2. 04 | | 美豆粕05(CBOT) | 294. 10 | 1. 38 | 0. 27 | | 美豆油05 (CBOT) | 46. 17 | 2. 62 | 3. 40 | | | 最新价 | 涨跌幅(%) 十日涨跌幅 | | --- | --- | --- ...

| | 收盘价 | 上日涨跌幅(%) | 隔夜涨跌幅(%) | | --- | --- | --- | --- | | 马棕油06(BMD) | 4518. 00 | 2. 22 | 0. 00 | | 布伦特06(ICE) | 73. 37 | -1.53 | -1.56 | | 美原油05 (NYMEX) | 70. 73 | -0. 58 | -0.92 | | 美豆05 (CBOT) | 1029. 25 | -0. 34 | 0. 17 | | 美豆粕05 (CBOT) | 287. 30 | -1. 51 | -0. 52 | | 美豆油05(CBOT) | 48. 47 | 2. 21 | 1. 70 | | | 最新价 | 涨跌幅(%) 十日涨跌幅 | | --- | --- | --- | | 美元指数 | 103. 620 | -0. 57 | | 人民币(CNY/USD) | 7. 1793 | 0. 03 | | 马来林吉特(MYR/USD) | 4. 4278 | -0. 02 | | 印尼卢比(IDR/USD) | 16354 | -0. 20 | | 巴西里亚尔(BRL/USD) ...

01 隔夜行情 | | 收盘价 | 上日涨跌幅(%) | 隔夜涨跌幅(%) | | --- | --- | --- | --- | | 马棕油06(BMD) | 4420. 00 | 2. 48 | | | 布伦特06(ICE) | 72. 54 | -1. 10 | -0. 33 | | 美原油05 (NYMEX) | 69.04 | -1.24 | -0. 56 | | 美豆05 (CBOT) | 1022. 25 | 0. 64 | 1. 01 | | 美豆粕05(CBOT) | 293. 10 | -0. 31 | 0.55 | | 美豆油05(CBOT) | 45. 20 | 2. 12 | 2. 12 | 2025/3/31 09:50 【国富期货早间看点】PAN巴西大豆收割进度达81.31% 阿根廷农户大豆销售进度预计达17.3%-18.1% 20250331 【国富期货早间看点】PAN巴西大豆收割进度达81.31% 阿根廷农户 大豆销售进度预计达17.3%-18.1% 20250331 国富研究 国富研究 2025年03月31日 07:20 上海 | | 最新价 | 涨跌幅(%) 十日涨跌幅 ...

Group 1: Report Information - Title: "Guofu Palm Oil Research Weekly Report: U.S. Biofuel Policy Affects, Palm Oil Prices First Decline Then Rise 20250331" [1] - Date: March 31, 2025 [1] Group 2: Report Structure - Sections include market review, production area weather, international supply - demand, domestic supply - demand, and domestic and international oil futures - spot prices and spreads [4] Group 3: International Supply - Demand (Export Data) - AmSpec's Malaysia palm oil exports on March 25, 2025 were 805,130, a month - on - month decrease of 8.47% and a year - on - year decrease of 23.03% [22] - ITS's Malaysia palm oil exports on March 25, 2025 were 835,732, a month - on - month decrease of 18.08% and a year - on - year decrease of 22.79% [22] Group 4: International Supply - Demand (Production Data) - SPPOMA's Malaysia palm oil production on March 25, 2025 increased by 15.10% compared to relevant periods [23] - UOB's Malaysia palm oil production in February 2025 is predicted to increase by 4% to 8% compared to the same period last year [23]

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints - The MPOA data shows a 9.48% increase in Malaysian palm oil production from March 1 - 20, while export data from multiple agencies indicates a decline in exports from March 1 - 25. The USDA quarterly inventory report is expected to show high soybean and wheat inventories in the US in Q1 2025 [1][5]. - The MPOB February data shows a decrease in Malaysian palm oil inventory, with production, exports, and imports down, and consumption up. The USDA March report has little impact on the soybean market [15][16]. - The futures market had a net capital inflow of 1.917 billion yuan on March 25, 2025, with commodity futures having a net outflow and stock - index futures having a net inflow [19]. 3. Summary by Directory 01 Overnight Quotes - The closing prices and daily/overnight percentage changes of various futures such as Malaysian palm oil, Brent crude, and US soybean are presented. The exchange rates of multiple currencies against the US dollar and their percentage changes are also provided [1]. 02 Spot Quotes - Spot prices, basis, and basis daily changes of DCE palm oil, DCE soybean oil, and DCE soybean meal in different regions are given. CNF premiums and quotes for soybean crushing in different regions are also included [2]. 03 Important Fundamental Information - Production Area Weather - Brazil is expected to have rain this week, but the rainfall may be less than expected. Argentina's soybean - producing areas are expected to receive beneficial rainfall [4]. - International Supply and Demand - Malaysian palm oil production increased by 9.48% from March 1 - 20, and exports decreased from March 1 - 25 according to different agencies. The USDA quarterly inventory report is expected to show specific inventory levels for US grains. The soybean crushing profit in Mato Grosso decreased. EU's imports of soybeans, rapeseed, and palm oil have different trends. The Baltic Dry Index decreased slightly [5][6][7]. - Domestic Supply and Demand - On March 25, the total trading volume of soybean oil and palm oil decreased. The trading volume of soybean meal increased, and the oil - mill operating rate rose. The soybean oil port inventory decreased. The agricultural product wholesale price index increased slightly, and the pork price decreased [8]. 04 Macroeconomic News - International News - The probability of the Fed maintaining or cutting interest rates in May and June is estimated. US economic data such as the manufacturing index, new - home sales, and consumer confidence are reported. India plans to cut tariffs on US - imported goods [11][12]. - Domestic News - On March 25, the US dollar/Chinese yuan exchange rate was adjusted upwards, and the Chinese central bank conducted reverse - repurchase operations, resulting in a net capital injection [14]. 05 Key Information Analysis - The MPOB February palm oil data shows a decrease in inventory, with production, exports, and imports down and consumption up, having a slightly bearish impact. The USDA March report on soybeans has a neutral impact [15][16]. 06 Capital Flows - On March 25, 2025, the futures market had a net capital inflow of 1.917 billion yuan, with commodity futures having a net outflow of 199 million yuan and stock - index futures having a net inflow of 2.116 billion yuan. The capital flows of major futures varieties are also presented [18][19]. 07 Arbitrage Tracking No relevant content provided.