棕榈油：上下均无驱动，库存压力需要释放，豆油：中美洽谈未及大豆，美豆偏弱震荡

Group 1: Report Industry Investment Rating - No relevant content found Group 2: Report's Core View - No clear core view presented in the provided content Group 3: Summary by Related Catalogs 1. Fundamental Tracking of Oils and Fats - Futures Prices and Fluctuations: Palm oil's day - session closing price was 9,316 yuan/ton with a 0.13% increase, and night - session was 209,306 yuan/ton with a - 0.11% decrease;豆油's day - session was 8,328 yuan/ton with a 0.53% increase, and night - session was 8,322 yuan/ton with a - 0.07% decrease;菜油's day - session was 10,068 yuan/ton with a 0.84% increase, and night - session was 10,073 yuan/ton with a 0.05% increase. The Malaysian palm oil (12/2) was 4,424 ringgit/ton with a 0.43% increase, and CBOT soybean oil was 50.59 cents/pound with a - 1.06% decrease [2] - Trading Volume and Open Interest: For palm oil, the previous trading volume was 554,657 lots with a decrease of 73,092 lots, and open interest was 411,814 lots with a decrease of 11,365 lots; for soybean oil, trading volume was 331,651 lots with a decrease of 17,302 lots, and open interest was 571,426 lots with a decrease of 3,418 lots; for rapeseed oil, trading volume was 312,127 lots with an increase of 45,203 lots, and open interest was 352,429 lots with an increase of 26,198 lots [2] - Spot Prices and Changes: Palm oil (24 - degree, Guangdong) was 9,300 yuan/ton with a 30 - yuan increase; first - grade soybean oil (Guangdong) was 8,710 yuan/ton with an 80 - yuan increase; fourth - grade imported rapeseed oil (Guangxi) was 10,110 yuan/ton with a 120 - yuan increase; Malaysian palm oil FOB was 1,100 dollars/ton with a 10 - dollar decrease [2] - Basis: Palm oil (Guangdong) basis was - 16 yuan/ton; soybean oil (Guangdong) was 382 yuan/ton; rapeseed oil (Guangxi) was 42 yuan/ton [2] - Futures Spreads: The spread between rapeseed and palm oil futures was 752 yuan/ton; between soybean and palm oil was - 988 yuan/ton. Palm oil 1 - 5 spread was 202 yuan/ton; soybean oil 1 - 5 spread was 276 yuan/ton; rapeseed oil 1 - 5 spread was 500 yuan/ton [2] 2. Macro and Industry News - There was a phone call between Xi Jinping and former US President Donald Trump [3] - Malaysia's ITS palm oil export volume from September 1 - 20 was 1,010,032 tons [4] 3. Oil Mill Operation - In the 38th week (September 13 - 19), the actual soybean crushing volume of domestic oil mills was 2.4275 million tons, with an operating rate of 67.76%, 30,100 tons higher than expected. It is expected that in the 39th week (September 20 - 26), the operating rate will slightly decrease, with an expected crushing volume of 2.3878 million tons and an operating rate of 66.65% [5] 4. Trend Intensity - The trend intensity of palm oil was - 1, and that of soybean oil was - 1 [6]