油脂日报：国产菜籽上市，油脂承压-20250624

Group 1: Report Industry Investment Rating - The investment rating for the industry is neutral [4] Group 2: Core Viewpoints of the Report - The prices of the three major oils oscillated and declined yesterday. The concentrated listing of domestic rapeseed led to sufficient supply, putting pressure on the oil market [3] Group 3: Market Analysis Futures Prices - The closing price of the palm oil 2509 contract yesterday was 8,520 yuan/ton, with a环比 change of -16 yuan and a decline of -0.19% - The closing price of the soybean oil 2509 contract was 8,126 yuan/ton, with a环比 change of -30 yuan and a decline of -0.37% - The closing price of the rapeseed oil 2509 contract was 9,721 yuan/ton, with a环比 change of -5 yuan and a decline of -0.05% [1] Spot Prices - The spot price of palm oil in Guangdong was 8,620 yuan/ton, with a环比 change of -110 yuan and a decline of -1.26%. The spot basis was P09 + 100 yuan, with a环比 change of -94 yuan - The spot price of first - grade soybean oil in Tianjin was 8,280 yuan/ton, with a环比 change of -60 yuan and a decline of -0.72%. The spot basis was Y09 + 154 yuan, with a环比 change of -30 yuan - The spot price of fourth - grade rapeseed oil in Jiangsu was 9,900 yuan/ton, with a环比 change of -10 yuan and a decline of -0.10%. The spot basis was OI09 + 179 yuan, with a环比 change of -5 yuan [1] Market News - On January 9, the FOB price of Malaysian palm oil was 1,095 US dollars, down 15 US dollars from the previous day, and the CIF price was 1,125 US dollars, down 15 US dollars from the previous day - From June 1 - 20, 2025, the production of Malaysian palm oil increased by 2.5%环比 compared to the same period last month - India's soybean oil imports in June are expected to decline by 18%环比, reaching the lowest level in four months - About 50% of Malaysia's exports to Nigeria are palm oil, with an export value of 600 million US dollars in 2024 - The FOB price of new - crop Russian wheat with a protein content of 12.5% to be shipped before the end of July is 227 US dollars per ton, up 5 US dollars from the previous week. Consulting agency SovEcon estimates the new - crop wheat price to be 226 - 230 US dollars per ton, compared with 225 - 229 US dollars per ton the previous week [2]