Group 1 - The domestic oilseed market is experiencing a downward trend, with the main contract for rapeseed meal futures opening at 2533.00 CNY/ton and showing a decline of approximately 2.23% [1] - Institutions have differing views on the future of rapeseed meal prices, with Donghai Futures noting high inventory pressures but potential for upward movement due to low rapeseed stocks and unchanged policy expectations [1] - Ruida Futures highlights reduced supply pressure from lower rapeseed arrivals and increased seasonal demand for rapeseed meal in aquaculture, while also noting the impact of trade negotiations between China and Canada on rapeseed imports [1] Group 2 - The upcoming round of talks between China and the US is crucial, with the USDA report indicating a slight reduction in US soybean yield but an increase in harvested area, leading to a neutral to slightly bearish outlook [2] - Domestic soybean meal remains in a "weak reality, strong expectation" scenario, with short-term supply limiting price increases, suggesting a wide fluctuation in soybean and rapeseed meal prices [2] - Recommendations for soybean meal trading include a support level reference between 2900-3000 CNY [2]
饲用需求季节性提升 预计菜籽粕短期或宽幅震荡
Jin Tou Wang·2025-09-15 07:09