油料日报：豆一静待拍卖影响，花生供应释放需求承接仍弱-20251111

Group 1: Report Industry Investment Ratings - The investment rating for both soybeans and peanuts is neutral [4][6] Group 2: Core Views of the Report - For soybeans, the futures market closed slightly lower, and the spot market was stable. The restart of domestic soybean auctions by Cofco may impact prices, and the subsequent temperature drop is expected to boost market demand [1][3] - For peanuts, the futures market oscillated higher. The supply pressure continued to be released, but the demand side had poor承接力. Market attention is on the actions of major oil mills [4][5] Group 3: Summary by Related Catalogs (Soybeans) Market Analysis - Futures: The closing price of the Douyi 2601 contract was 4116.00 yuan/ton, a change of -2.00 yuan/ton (-0.05%) from the previous day [1] - Spot: The edible soybean spot basis was A01 - 36, a change of +2 (+32.14%) from the previous day. The new - season soybean market in Northeast China was stable, with farmers having more remaining grain and some holding a wait - and - see attitude. Downstream traders adopted a demand - based procurement strategy [1][2] Market News - Cofco plans to restart domestic soybean auctions this week, with a total auction volume of 30969 tons. High temperatures in the southern sales area may affect soybean sales, and a temperature drop is expected to increase demand [3] Strategy - The strategy is neutral [4] Group 4: Summary by Related Catalogs (Peanuts) Market Analysis - Futures: The closing price of the Peanut 2601 contract was 7814.00 yuan/ton, a change of +60.00 yuan/ton (+0.77%) from the previous day [4] - Spot: The average peanut spot price was 7840.00 yuan/ton, a change of +10.00 yuan/ton (+0.13%) from the previous day. The spot basis was PK01 - 414.00, a change of -60.00 (+16.95%) from the previous day. The national average price of general peanuts decreased, and oil mills' procurement was limited [4] Market News - The peanut futures market oscillated higher. The supply pressure was released, but most oil mills were on the sidelines, and the demand from food factories was average. There were concerns about a concentrated supply in Henan after rain [5] Strategy - The strategy is neutral, with the risk of weakening demand [6]