棕榈油、苹果大跌

Industry Investment Rating No relevant information provided. Core Viewpoints - The agricultural product sector shows mixed performance. Palm oil, apples, and pigs are under downward pressure, while soybeans are rising, and cotton remains stable. The performance of each variety is affected by factors such as supply and demand, weather, and international trade policies [1][2][4] Summary by Variety Palm Oil - The palm oil market is under pressure due to factors such as increased production, rising inventories, and falling crude oil prices. The 2509 contract has reversed and fallen sharply, and the strategy is to hold a light - short position [1][2] Soybean Meal - The soybean meal market is driven by external markets, but the expected increase in domestic soybean arrivals and inventory may limit its upward space. The 2509 contract is oscillating upward, and short - term trading is recommended [4] Soybean Oil - The soybean oil market is affected by falling crude oil prices and increased domestic supply. The 2509 contract has fallen sharply, and the strategy is to sell at high prices [6] Corn - The corn market has rebounded technically, but the upcoming large - scale arrival of new wheat and the substitution effect may resist the rebound. The 2507 contract has rebounded from a low level, and short positions should be closed [9] Pig - The pig market is under pressure due to capacity release and weak demand. The 2509 contract has continued to fall, and the strategy is to hold a light - short position [10][12] Cotton - The cotton market is supported by the reduction of Sino - US tariffs and good export data, but downstream demand has not fully recovered. The 2509 contract is fluctuating at a high level, and a light - long position is recommended [13][15] Sugar - The domestic sugar market has strong production and sales, but the upcoming increase in imports may put pressure on prices. The 2509 contract is oscillating, and short - term trading is recommended [16] Egg - The egg market is facing pressure due to high inventory and weak demand. The 2507 contract is oscillating at a low level, and a light - short position is recommended [18] Apple - The apple market is affected by slowed sales and the impact of seasonal fruits. The 2510 contract has continued to fall sharply, and a light - short position is recommended [21] Peanut - The peanut market is supported by pre - holiday stocking and reduced imports. The 2510 contract has pulled back after rising, and a light - long position is recommended [22][24]