菜粕劲升、玉米上涨
Tian Fu Qi Huo·2025-11-03 13:00
- Report Industry Investment Rating There is no information provided regarding the report industry investment rating. 2. Core Viewpoints of the Report - The rapeseed meal market is strong due to tight supply, and the upward trend may continue; the corn market is expected to turn stronger after the pressure of new grain listing is released; the hog market is weak and the downward trend is likely to continue; the palm oil market is under pressure from weak supply - demand in the origin and continues to decline; the cotton market is in high - level oscillation; the apple market experiences a high - level correction; the jujube market has a low - level rebound but the decline trend remains; the egg market shows high - level fluctuations with an unchanged upward trend; the sugar market breaks through and rises [1][2][3][5][7][9][11][13][15][17] 3. Summary by Variety Rapeseed Meal - The rapeseed meal main contract 2601 soars. Supply is tight as import costs rise, domestic rapeseed imports are low, and oil mills' rapeseed stocks are depleted. Technically, it is strong. The strategy is to go long on dips, with support at 2436 and resistance at 2500 [2] Corn - The corn main contract 2601 continues to rise. The pressure of new corn listing is released, and short - covering boosts the price. Technically, it is strong. The strategy is to go long with light positions, with support at 2128 and resistance at 2150 [3] Hog - The hog main contract 2601 continues to fall. Supply is abundant, and demand is weak. Technically, it is weak. The strategy is to short on rallies, with support at 11500 and resistance at 11955 [5] Palm Oil - The palm oil main contract 2601 continues to fall. Production in Malaysia and Indonesia is expected to increase, and domestic inventory accumulates. Technically, it is weak. The strategy is to short with light positions, with support at 8630 and resistance at 8780 [7] Cotton - The cotton main contract 2601 first declines then rises, oscillating at a high level. Sino - US economic and trade relations improve, and new cotton is being harvested. Downstream demand has limited improvement. Technically, it shows a sideways oscillation. The strategy is to hold long positions, with support at 13530 and resistance at 13625 [9] Apple - The apple main contract 2601 experiences a high - level correction. Fruit quality is polarized, and some long - positions take profits. The strategy is to close long positions, with support at 9030 and resistance at 9210 [11] Jujube - The jujube main contract 2601 rebounds at a low level. New jujubes are on the market, and inventory is high. Some short - positions take profits. Technically, the weakness remains. The strategy is to hold short positions, with support at 10120 and resistance at 10340 [13] Egg - The egg main contract 2512 first declines then rises, fluctuating at a high level. Traders' bottom - fishing and seasonal demand support the price. Technically, it is strong. The strategy is to go long with light positions, with support at 3130 and resistance at 3180 [15] Sugar - The Zhengzhou sugar main contract 2601 breaks through and rises. Import pressure weakens, and production increase may be less than expected. Technically, it is strong. The strategy is to hold long positions, with support at 5458 and resistance at 5538 [17]