油脂油料早报-20250709

Report Summary 1. Core Data - EU's 2024/25 soybean imports reached 14.52 million tons, higher than 13.2 million tons in the same period last year [1] - EU's 2024/25 soybean meal imports were 19.39 million tons, compared to 15.28 million tons in the previous year [1] - EU's 2024/25 palm oil imports were 2.84 million tons, lower than 3.49 million tons last year [1] - EU's 2024/25 rapeseed imports totaled 7.45 million tons, higher than 5.68 million tons last year [1] - US private exporters reported selling 144,000 tons of soybean meal to the Philippines, with 97,000 tons for the 2024/2025 market year and 47,000 tons for the 2025/2026 market year [1] - Indonesia's 2024 palm oil exports declined 8.65% to $22.9 billion, down from $25 billion the previous year [1] 2. Market Conditions - Spot prices of various products from July 2 - 8, 2025, including soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu, showed fluctuations [2] 3. Industry Challenges - Indonesia's palm oil industry had an average annual production growth rate of only 0.42% from 2020 - 2024 due to labor shortages and slow market development [1] - The EU's Zero Deforestation Act (EUDR) will take effect in December 2025, requiring products entering the European market to prove non - deforestation production and a minimum sampling ratio of 3% [1]