Group 1: Report Industry Investment Rating - The investment rating for the industry is neutral [4] Group 2: Core View of the Report - The prices of the three major oils fluctuated yesterday. The market is a mix of bullish and bearish factors, with significant differences in the oil market, leading to a volatile adjustment in the market [3] Group 3: Futures and Spot Market Conditions - Futures: The closing price of the palm oil 2509 contract was 8,518 yuan/ton, a change of +72 yuan or +0.85% compared to the previous day; the soybean oil 2509 contract closed at 8,084 yuan/ton, a change of +112 yuan or +1.40%; the rapeseed oil 2509 contract closed at 9,703 yuan/ton, a change of +120 yuan or +1.25% [1] - Spot: In the Guangdong region, the spot price of palm oil was 8,770 yuan/ton, a change of +40 yuan or +0.46%, with a spot basis of P09 + 252 yuan, a change of -32 yuan; in the Tianjin region, the spot price of first - grade soybean oil was 8,250 yuan/ton, a change of +60 yuan/ton or +0.73%, with a spot basis of Y09 + 166 yuan, a change of -52 yuan; in the Jiangsu region, the spot price of fourth - grade rapeseed oil was 9,900 yuan/ton, a change of +120 yuan or +1.23%, with a spot basis of OI09 + 197 yuan, a change of 0 yuan [1] Group 4: Recent Market Information - Import Prices: Argentina's July - shipment C&F price of soybean oil was 1,143 US dollars/ton, up 59 US dollars/ton from the previous trading day; the September - shipment price was 1,138 US dollars/ton, up 66 US dollars/ton. The C&F quotes of imported rapeseed oil from Canada were 1,050 US dollars/ton for the July - shipment and 1,030 US dollars/ton for the September - shipment, both unchanged. The C&F prices of Canadian rapeseed were 616 US dollars/ton for the July - shipment and 606 US dollars/ton for the August - shipment, both unchanged. The C&F prices of US Gulf soybeans and US West soybeans for the July - shipment were 467 US dollars/ton and 462 US dollars/ton respectively, both unchanged, and the August - shipment C&F price of Brazilian soybeans was 465 US dollars/ton, up 1 US dollar/ton [2] - Import Soybean Premiums: The import soybean premium quotes for the Mexican Gulf (July - shipment) were 229 cents/bushel, unchanged; for the US West Coast (July - shipment) were 202 cents/bushel, unchanged; for Brazilian ports (August - shipment) were 193 cents/bushel, down 1 cent/bushel [2] - Palm Oil Exports: According to data from the shipping survey agency ITS, Indonesia's palm oil exports in May increased by 43.3% or 599,000 tons month - on - month to 1.983 million tons, and the exports of crude palm oil in May increased by more than four times month - on - month [2]
油脂日报:多空交织,油脂震荡调整-20250619
Hua Tai Qi Huo·2025-06-19 05:08