油脂油料早报-20250722
Yong An Qi Huo·2025-07-22 08:09

Report Summary 1. Report Industry Investment Rating - No information provided 2. Core Viewpoints - The US soybean good-to-excellent rate as of July 20, 2025, was 68%, lower than the market expectation of 71% and the previous week's 70% [1] - The US soybean export inspection volume for the week ended July 17, 2025, was 364,990 tons, in line with market expectations [1] - Malaysia's palm oil production from July 1 - 20, 2025, increased by 6.19% month-on-month, while exports decreased by 3.5% compared to the same period in June [1] 3. Summary by Relevant Catalogs Overnight Market Information - US soybean good-to-excellent rate as of July 20, 2025, was 68%, lower than expected; flowering rate was 62%, and pod-setting rate was 26% [1] - US soybean export inspection volume for the week ended July 17, 2025, was 364,990 tons, with 0 tons to China; cumulative export inspection volume for the current crop year was 46,781,535 tons [1] - Malaysia's palm oil production from July 1 - 20, 2025, increased by 6.19% month-on-month, with FFB yield up 7.03% and oil extraction rate down 0.17%; exports decreased by 3.5% compared to June [1] Spot Prices - Spot prices of soybean meal, rapeseed meal, soybean oil, palm oil, and rapeseed oil from July 15 - 21, 2025, are provided [1]