国富期货早间看点：美豆当周优良率为64%高于预期，AgRural巴西25、26年度大豆播种已开启-20250909

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints The report presents a comprehensive overview of the futures and spot markets, including overnight and spot prices, important fundamental information, international and domestic supply - demand situations, macro - news, fund flows, and arbitrage tracking. It provides data on various commodities such as soybeans, palm oil, and related products, as well as currency exchange rates and shipping freight indices. [1][2][7][13] 3. Summary by Directory 3.1 Overnight Market Quotes - Overnight closing prices and price changes of various futures, including palm oil, Brent crude oil, US crude oil, US soybeans, etc., were provided. For example, the closing price of BMD palm oil 11 was 4488.00, with a previous - day increase of 0.88% and an overnight increase of 0.00%. [1] - Exchange rates and their changes were also presented, such as the US dollar index at 97.43, down 0.29%. [1] 3.2 Spot Market Quotes - Spot prices, basis, and basis changes of various futures were given, for example, the spot price of DCE palm oil 2601 in North China was 9510, with a basis of 90 and a basis change of - 10. [2] - Imported soybean CNF quotes and CNF premium changes were also included, like the CNF premium of Brazilian soybeans was 300 cents per bushel, and the CNF quote was 487 dollars per ton. [2] 3.3 Important Fundamental Information - US soybean - producing states' future weather outlook from September 10 - 14 showed that most areas had higher - than - normal temperatures and lower - than - normal precipitation. [3] - The Midwest of the US had low temperatures, with a possibility of frost. [5] - International supply - demand data: SPPOMA reported that Malaysia's palm oil production in early September decreased; USDA data showed that US soybean's good - to - excellent rate was 64% as of September 7, 2025, and other growth indicators were also provided. [7] - Domestic supply - demand data: On September 8, the trading volume of soybean oil and palm oil decreased, while the trading volume of soybean meal increased. Inventory data of various oils and imported soybeans were also presented. [13][14] 3.4 Macro News - International news: The probability of the Fed's interest - rate cuts in September and October was given; US inflation expectations and employment trend index, as well as the Eurozone's investor confidence index were reported. [17] - Domestic news: The exchange rate of the US dollar against the RMB was adjusted; the central bank conducted reverse - repurchase operations; the Ministry of Finance planned to issue savings bonds. [19] 3.5 Fund Flows On September 8, 2025, the futures market had a net capital outflow of 29.69 billion yuan, with different net flows in various sub - markets such as commodity futures, stock - index futures, and treasury - bond futures. [23] 3.6 Arbitrage Tracking No relevant content provided.