Core Viewpoint - The soybean oil futures market is experiencing fluctuations with a slight increase in prices, while the overall supply remains stable and inventories are decreasing [1][2][3] Group 1: Market Performance - As of December 31, 2025, the main soybean oil futures contract closed at 7862 yuan/ton, with a weekly decline in open interest by 25,039 contracts [1] - During the week of December 29 to December 31, soybean oil futures opened at 7856 yuan/ton, peaked at 7896 yuan/ton, and dipped to a low of 7800 yuan/ton, resulting in a weekly change of 0.28% [1] Group 2: Inventory and Pricing - As of December 30, the national soybean oil port inventory was 1.039 million tons, down from 1.066 million tons on December 23, reflecting a decrease of 27,000 tons [2] - On December 30, the spot price of soybean oil was reported at 8272 yuan/ton, an increase of 20 yuan/ton from the previous day, with a daily increase of 0.24% [2] - Over the past week, soybean oil prices rose by 88 yuan/ton, marking an increase of 1.08%, while prices fell by 170 yuan/ton over the past month, a decrease of 2.01% [2] Group 3: Institutional Insights - According to Dayue Futures, the oilseed prices are stabilizing with a loose domestic fundamental backdrop and stable oilseed supply [3] - The ongoing tensions in US-China relations are impacting new soybean exports from the US, putting pressure on prices [3] - The domestic oil factory soybean oil inventory has been decreasing for several weeks, with tight delivery in East China, although the crushing rate remains high, indicating continued supply pressure [3]
市场氛围趋于清淡 豆油在7600-8000附近震荡
Jin Tou Wang·2026-01-03 23:13