油料日报：花生现货价格保持高位运行-20250604

Report Industry Investment Rating - The investment strategy for both soybeans and peanuts is neutral [4][6] Core Viewpoints - The domestic soybean price fluctuated on the previous day. In May, the downstream demand entered the off - season with weak procurement sentiment. Under the pattern of weak supply and demand, market sentiment was cautious. The sowing area in Northeast China increased compared to last year, while some inland areas had not started sowing yet, with more inventory and relatively firm prices [3] - The domestic peanut price rose on the previous day. In May, the domestic peanut spot market showed a strong upward trend. With farmers' remaining grain almost exhausted, the market's circulating supply was mainly in the hands of middlemen. High acquisition costs and increased storage and capital occupation costs led to strong price - support intentions among middlemen, keeping peanut prices firm [4][5] Market Analysis Soybeans - Futures: The closing price of the bean one 2507 contract was 4134.00 yuan/ton, up 17.00 yuan/ton or +0.41% from the previous day [1] - Spot: The basis of edible bean spot was A07 + 26, down 17 or 32.14% from the previous day [1] - International market: On Monday, CBOT soybean futures closed lower, with the benchmark contract down 0.7%, hitting a seven - week low due to good weather in US soybean - growing areas, tense Sino - US trade relations, and sufficient South American soybean supply [2] - Domestic spot: The prices of国标一等 protein 39% and 41% middle - grain tower - loaded soybeans in various regions of Heilongjiang remained unchanged compared to the previous day [2] Peanuts - Futures: The closing price of the peanut 2510 contract was 8460.00 yuan/ton, up 76.00 yuan/ton or +0.91% from the previous day [4] - Spot: The average peanut spot price was 9200.00 yuan/ton, up 100.00 yuan/ton or +1.10% month - on - month. The spot basis was PK10 - 60.00, down 76.00 or - 475.00% month - on - month [4] - Domestic spot: Peanut prices in different regions of China such as Henan, Shandong, Liaoning, and Jilin were reported, with prices varying by variety and region [4]