Group 1: Report Industry Investment Ratings - The investment rating for both soybeans and peanuts is neutral [4][5] Group 2: Core Views of the Report - The downstream procurement demand for soybeans is low, and the soybean price is oscillating. The domestic soybean futures price declined slightly yesterday, while the prices in various regions of domestic soybeans were stable with a slight increase. The supply - demand is weak, which gives the soybean price a certain resilience [1][3] - The domestic peanut futures price oscillated yesterday. The peanut spot market showed a slightly stronger trend last week, with the trading atmosphere warming up and the price center gradually moving up. The shortage of peanuts at the grassroots level and the delay of the new - season sowing progress due to drought have an impact on the market [4] Group 3: Summary of Specific Content Soybean Analysis - Market Data: Yesterday, the closing price of the bean - one 2507 contract was 4194.00 yuan/ton, a change of - 31.00 yuan/ton (- 0.73%) from the previous day. The spot basis of edible beans was A07 - 34, a change of + 31 (+ 32.14%) from the previous day [1] - Market News: On Wednesday, CBOT soybean futures closed higher, with the benchmark contract up 0.8%. In the domestic market, the prices of national standard first - class soybeans in various regions of Heilongjiang remained stable [2] - Market Situation: The domestic soybean futures price declined slightly. The prices of domestic soybeans in various regions were stable with a slight increase due to less remaining grain and extremely low market inventory. The downstream procurement willingness was weak, resulting in a significant decline in reserve auction volume and lower procurement volume of downstream factories. The weak supply - demand situation gave the soybean price a certain resilience [3] Peanut Analysis - Market Data: Yesterday, the closing price of the peanut 2510 contract was 8372.00 yuan/ton, a change of + 20.00 yuan/ton (+ 0.24%) from the previous day. The average spot price of peanuts was 8500.00 yuan/ton, a change of + 80.00 yuan/ton (+ 0.95%) month - on - month. The spot basis was PK10 - 372.00, a change of - 20.00 (+ 5.68%) month - on - month [4] - Market News: The prices of peanuts in different regions were reported, such as 4.35 - 4.40 yuan/jin for Henan Huangludian Baisha common peanuts [4] - Market Situation: The domestic peanut futures price oscillated. The peanut spot market showed a slightly stronger trend last week. The low supply at the grassroots level and the delay of new - season sowing due to drought affected the market [4]
下游采购需求较少，大豆价格震荡运行
Hua Tai Qi Huo·2025-05-23 04:59