豆粕、油脂日报-20251111

Report Overview - Report Title: "养殖产业链数据报告-豆粕、油脂" [1] - Release Date: November 11, 2025 Industry Investment Rating - Not provided in the given content Core Viewpoints - The report presents the latest weekly data on the inventory, production, consumption, and price differences of soybean meal and various oils (palm oil, rapeseed oil, and soybean oil), along with their week-on-week changes and historical trends [2][5] Summary by Directory Soybean Meal - Price and Spread: The 43% protein soybean meal's aggregated average price is 3,071 yuan/ton, up 0.13% week-on-week; the futures-spot price difference is 8 yuan/ton, down 80.49% week-on-week; the spot main contract basis is 39.71 yuan/ton, down 24.66% week-on-week [2] - Production and Consumption: The output of 111 sample enterprises is 124.60 million tons, down 19.45% week-on-week; the apparent consumption is 139.09 million tons, down 5.03% week-on-week [2] - Inventory: The inventory of 111 sample enterprises is 87.76 million tons, down 14.17% week-on-week [2] - Trading Volume: The daily trading volume is 193,600 tons, up 85.62% week-on-week [2] Oils Inventory - Palm Oil: The inventory in China is 59.73 million tons, up 0.76% week-on-week [5] - Rapeseed Oil: The inventory in China is 45.02 million tons, down 12.75% week-on-week [5] - Soybean Oil: The inventory in China is 115.72 million tons, down 4.82% week-on-week [5] Price and Spread - Palm Oil: The futures-spot price difference is 8 yuan/ton, down 900.00% week-on-week; the spot main contract basis is -20 yuan/ton, down 225.00% week-on-week [5] - Rapeseed Oil: The futures-spot price difference is 489 yuan/ton, up 0.20% week-on-week; the spot main contract basis is 384.50 yuan/ton, down 14.08% week-on-week [5] - Soybean Oil and Palm Oil: The combined futures-spot price difference is -218 yuan/ton, down 31.45% week-on-week [5] - Soybean Oil: The spot main contract basis is 196 yuan/ton, down 23.06% week-on-week [5]