油脂油料早报-20251009

Report Summary 1) Report Industry Investment Rating No relevant information provided. 2) Core Viewpoints The report presents the latest data on the production, export, and prices of major oilseeds and oils, including soybeans, rapeseed, and palm oil, which can help investors understand the current market situation and trends [1]. 3) Summary by Related Catalogs Overnight Market Information - Brazilian Soybean Planting: As of the week ending October 4, 2025, the planting rate of Brazil's 2025/26 soybean crop reached 8.2%, up from 3.5% the previous week, compared to 5.1% in the same period last year and a five - year average of 9.4% [1]. - US Soybean Export Inspection: For the week ending October 2, 2025, the US soybean export inspection volume was 768,117 tons, at the high end of the market's estimated range of 600,000 - 800,000 tons. The previous week's volume was revised to 610,633 tons. Since the start of the market year on September 1, the cumulative export inspection volume is 3,030,898 tons, compared to 3,555,417 tons in the same period last year [1]. - Canadian Rapeseed Export: For the week ending September 28, 2025, Canada's rapeseed exports increased by 68.6% to 88,200 tons from 52,300 tons the previous week. From August 1 to September 28, 2025, the export volume was 715,600 tons, a 59.4% decrease from the same period last year. As of September 28, the commercial inventory was 1,122,500 tons [1]. - Malaysian Palm Oil: Malaysia's September 1 - 30, 2025, crude palm oil production decreased by 2.35% compared to the previous month. Shipments data from SGS showed a 13.41% month - on - month decrease in September exports to 1,013,140 tons, while ITS reported a 9.6% increase to 1,558,247 tons [1]. - Indonesian Palm Oil: Indonesia set the reference price for crude palm oil in October 2025 at $963.61 per ton, up from $954.71 in September. The export tax will remain at $124 per ton, and a 10% special tax is also levied [1]. Spot Prices - The report provides 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 September 24 to September 30, 2025 [4].