油脂油料早报-20250618

Report Summary 1) Report Industry Investment Rating - Not provided in the given content 2) Core Viewpoints - Anec data shows Brazil's soybean export volume in a certain month is expected to be 1,437 million tons, 2% higher than the previous week's forecast and over 50 million tons more than last year; the expected export volume of Brazilian soybean meal is 197 million tons, a decrease of 10 million tons from the previous week's forecast [1] - Malaysia's palm oil production in a certain month reached 1.77 million tons, a 5.05% month - on - month increase, the highest in the same period since 2015 due to favorable weather; exports soared 25.62% to 1.38 million tons, mainly driven by strong demand from China and India, and the export momentum is expected to continue until the third quarter; short - term production may slow down and production activities in a certain month are expected to decrease [1] 3) Summary by Related Catalogs Export Sales - A private exporter reported the sale of 120,000 tons of soybean cake and soybean meal to an unknown destination for shipment in the 2025/2026 market year [1] Brazil's Exports - Brazil's soybean export volume in a certain month is expected to be 1,437 million tons, 2% higher than the previous week's forecast, and over 50 million tons more than last year; the expected export volume of soybean meal is 197 million tons, a decrease of 10 million tons from the previous week's forecast [1] Malaysia's Palm Oil - Malaysia's palm oil production in a certain month reached 1.77 million tons, a 5.05% month - on - month increase, the highest in the same period since 2015; exports increased by 25.62% (+283,000 tons) to 1.38 million tons, mainly due to strong demand from China and India; short - term production may slow down and production activities in a certain month are expected to decrease [1] Spot Prices - Spot prices of various products such as soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu from June 11 to June 17, 2025 are provided [2] Basis - Protein meal basis and oil basis are mentioned, but no specific data is provided [3] Futures Spread - The term "oil and oilseed futures spread" is mentioned, but no specific content is provided