Group 1 - The 2025 China (Zhengzhou) International Futures Forum was held on August 20, co-hosted by Zhengzhou Commodity Exchange and Chicago Mercantile Exchange Group [1] - Wang Zhaohui, Deputy General Manager of COFCO Oils, discussed the risks and response strategies in the domestic canola oil and peanut oil markets during the agricultural products forum [1] Group 2 - In the canola oil market, it is projected that China will have an additional supply of 19.6 million tons of rapeseed for the 2025/2026 season, with a production of 17.1 million tons and imports of 2.5 million tons [1] - Domestic rapeseed oil supply is expected to be sufficient before the fourth quarter of this year, influenced by production and import fluctuations [1] Group 3 - For the peanut oil market, the National Grain and Oil Center indicates that peanut production will increase by 400,000 tons in the 2024/2025 season, with edible consumption and crushing demand rising by 100,000 tons and 300,000 tons respectively compared to the previous year [1] - Due to reduced imports, the ending inventory for that season is expected to drop to a low level [1] - Current peanut crops are in a critical growth stage, necessitating attention to growth conditions, harvest weather, yield per unit area, and import situations [1]
中粮油脂王朝晖:预计今年四季度之前国内菜籽油供给充足
Qi Huo Ri Bao·2025-08-20 23:12