Report Industry Investment Rating - The report gives a neutral rating for the strategy [3] Report's Core View - Strong export data of Malaysian palm oil provides short - term support to the oil market despite high inventory and Sino - US trade tensions [2] Market Analysis Futures - Yesterday's closing price of palm oil 2601 contract was 9322.00 yuan/ton, with a环比 change of - 8 yuan (- 0.09%); soybean oil 2601 contract was 8252.00 yuan/ton, + 12.00 yuan (+ 0.15%); rapeseed oil 2601 contract was 9932.00 yuan/ton, - 27.00 yuan (- 0.27%) [1] Spot - In Guangdong, the spot price of palm oil was 9210.00 yuan/ton, - 60.00 yuan (- 0.65%), with a spot basis of P01 + - 112.00, - 52.00 yuan; in Tianjin, the spot price of first - grade soybean oil was 8430.00 yuan/ton, - 10.00 yuan/ton (- 0.12%), with a spot basis of Y01 + 178.00, - 22.00 yuan; in Jiangsu, the spot price of fourth - grade rapeseed oil was 10240.00 yuan/ton, - 20.00 yuan (- 0.19%), with a spot basis of OI01 + 308.00, + 7.00 yuan [1] Recent Market Information Brazil's Soybean - IBGE's October monthly report shows that Brazil's expected soybean planting area this year is 47.7 million hectares, up 0.1% from last month's forecast and 3.6% from last year; expected output is 165.866 million tons, down 0.0% from last month's forecast and up 14.4% from last year; expected yield is 3478 kg/hectare, down 0.1% from last month's forecast and up 10.4% from last year [2] Malaysia's Palm Oil - AmSpec data shows Malaysia's palm oil exports from October 1 - 15 were 781,006 tons, up 12.3% from the same period last month; ITS data shows exports were 862,724 tons, up 16.2% from the same period last month [2]
油脂日报：马棕出口数据亮眼，给油脂一定支撑-20251016
Hua Tai Qi Huo·2025-10-16 03:23