宝城期货豆类油脂早报-20250618

Report Industry Investment Rating No information provided on the overall industry investment rating. Report's Core View - The report is optimistic about the short - term and medium - term trends of certain agricultural products in the commodity futures market, including soymeal and palm oil, with an expectation of a continued upward trend [5][6][7]. Summary by Relevant Catalog Soymeal (M) - Views: The intraday view is oscillating strongly, and the medium - term view is strong. The reference view is oscillating strongly [5]. - Core Logic: Although rainfall in US soybean - producing areas has slowed the rebound of US soybean futures prices, the US soybean market remains in a weather - driven cycle with a tendency to rise easily and fall hard. US soybean futures prices are supported by biofuel policies, which in turn support domestic soybeans. The inflow of funds into the meal market has strengthened the overall trend, and soybean futures prices are expected to continue the upward trend [5]. Palm Oil (P) - Views: The intraday view is oscillating strongly, and the medium - term view is strong. The reference view is oscillating strongly [6][7]. - Core Logic: The overall oil market is strong. The rise in international oil prices has had a spill - over effect on the oil sector. The bio - diesel attribute of palm oil has become prominent, market sentiment has improved, and funds have flowed back into the palm oil market. The increase in palm oil import costs has also boosted futures prices. With the support of funds, the price elasticity of domestic palm oil has emerged, leading the rebound of the oil sector [7].