油脂油料早报-20250901

Group 1: Report Industry Investment Rating - No relevant information provided Group 2: Core Views of the Report - Indonesia set the reference price for crude palm oil in September at $954.71 per ton, higher than $910.91 per ton in August, which will increase the export tax from $74 to $124 per ton, and a 10% special tax is also imposed on palm oil [1] - As of the week ending August 24, Canadian canola exports decreased by 13.5% to 78,500 tons compared to the previous week, and from August 1 to August 24, 2025, Canadian canola exports were 434,500 tons, a 47.6% decrease compared to the same period last year, with a commercial inventory of 603,400 tons as of August 24 [1] - The U.S. Energy Information Administration (EIA) data showed that the use of soybean oil for biofuel production in the U.S. in June rose to 1.045 billion pounds, up from 1.025 billion pounds in May, and soybean oil remains the main raw material for biodiesel in the U.S. [1] Group 3: Summary Based on Related Catalogs Overnight Market Information - Indonesia set the September reference price for crude palm oil at $954.71 per ton, up from $910.91 per ton in August, increasing the export tax from $74 to $124 per ton, and a 10% special tax is imposed on palm oil [1] - As of the week ending August 24, Canadian canola exports decreased by 13.5% to 78,500 tons compared to the previous week, and from August 1 to August 24, 2025, Canadian canola exports were 434,500 tons, a 47.6% decrease compared to the same period last year, with a commercial inventory of 603,400 tons as of August 24 [1] - The U.S. Energy Information Administration (EIA) data showed that the use of soybean oil for biofuel production in the U.S. in June rose to 1.045 billion pounds, up from 1.025 billion pounds in May, and soybean oil remains the main raw material for biodiesel in the U.S. [1] Spot Prices - The spot prices of soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu from August 25 to August 29, 2025, are presented in a table [3] Protein Meal Basis - No specific content provided Fat Basis - No specific content provided Fat and Oil Futures Spread - No specific content provided