Workflow
国富棕榈油研究周报:多空因素交织,棕榈油价格走势震荡-20250922
Guo Fu Qi Huo·2025-09-22 02:56

Report Title - The report is titled "Guofu Palm Oil Research Weekly: Bullish and Bearish Factors Intertwined, Palm Oil Price Trends Volatile" [1] Report Date - The report was released on September 22, 2025 [1] Content Summary by Section 1. Market Review - The market review includes BMD Malaysian palm oil and DCE palm oil, but specific data is not provided in the given content [4] 2. Producing Area Weather - The section focuses on palm oil producing area weather, but no detailed information is given [4] 3. International Supply and Demand 3.1 Indian SEA August Report - No content related to the Indian SEA August report is provided [4] 3.2 Malaysian Palm Oil September Forecast - AmSpec data shows that Malaysia's palm oil exports from September 1 - 15, 2025 were 695,716 tons, a 0.10% decrease from the same period last month and a 5.29% increase from the same period last year. Among them, crude palm oil exports were 95,625 tons, a 31.27% decrease from the same period last month and a 36.50% decrease from the same period last year; 24 - degree palm oil exports were 142,401 tons, a 6.08% increase from the same period last month and a 1.41% decrease from the same period last year; 33 - degree palm oil exports were 96,540 tons, a 67.02% increase from the same period last month and a 5.98% increase from the same period last year; 44 - degree palm oil exports were 70,365 tons, a 12.39% decrease from the same period last month and a 19.59% increase from the same period last year [20] - ITS data shows that Malaysia's palm oil exports from September 1 - 15, 2025 were 742,648 tons, a 12.55% increase from the same period last month and a 16.83% increase from the same period last year. Major markets include the EU with 167,330 tons (a 20.18% decrease from the same period last month and a 19.17% increase from the same period last year), China with 11,000 tons (a 25.00% increase from the same period last month and an 83.80% decrease from the same period last year), and India and the Indian sub - continent with 122,325 tons (a 5.98% decrease from the same period last month and an 18.02% decrease from the same period last year). Among different types, crude palm oil exports were 99,825 tons (a 27.89% decrease from the same period last month and a 35.24% decrease from the same period last year); 24 - degree palm oil exports were 178,500 tons (a 39.69% increase from the same period last month and a 30.16% increase from the same period last year); 33 - degree palm oil exports were 57,460 tons (a 9.46% increase from the same period last month and a 5.09% decrease from the same period last year); 44 - degree palm oil exports were 71,645 tons (a 4.62% decrease from the same period last month and a 13.12% increase from the same period last year) [21] - SPPOMA data shows that as of September 15, 2025, palm oil production increased by 8.05% compared to September 10, 2025, decreased by 3.17% compared to September 5, 2025, and increased by 6.28% compared to September 5, 2025. FFB yield increased by 6.94% compared to September 10, 2025, decreased by 2.70% compared to September 5, 2025, and decreased by 5.70% compared to September 5, 2025. The extraction rate decreased by 0.21% compared to September 10, 2025, increased by 0.09% compared to September 5, 2025, and decreased by 0.11% compared to September 5, 2025 [22] 3.3 Other Important Information - No other important information content is provided [4] 4. Domestic Supply and Demand - This section includes import profit, palm oil transactions, and palm oil inventory, but no specific data is given [4] 5. Domestic and International Oil Futures and Spot Prices, Spread Situations - This section includes basis, monthly spreads, variety spreads, palm oil warehouse receipt quantity and futures open interest, and FOB quotes, but no specific data is provided [4]