油脂日报：印尼马来遭遇台风，棕榈油震荡偏强-20251128

Report Industry Investment Rating - The investment strategy for the industry is neutral [4] Core View of the Report - The prices of the three major oils fluctuated strongly. Affected by the typhoon, heavy precipitation in Sumatra, Indonesia, and the Malay Peninsula led to market concerns about the impact on short - term harvesting, providing some support for the oil market. However, according to NOAA data, the heavy precipitation is expected to end on Friday, with limited overall impact [3] Market Analysis Futures Prices - The closing price of the palm oil 2601 contract was 8,528 yuan/ton, with a daily increase of 88 yuan or 1.04% - The closing price of the soybean oil 2601 contract was 8,224 yuan/ton, with a daily increase of 74 yuan or 0.91% - The closing price of the rapeseed oil 2601 contract was 9,772 yuan/ton, with a daily decrease of 47 yuan or 0.48% [1] Spot Prices - The spot price of palm oil in Guangdong was 8,470 yuan/ton, with a daily increase of 60 yuan or 0.71%, and the spot basis was P01 - 58 yuan, with a daily decrease of 28 yuan - The spot price of first - grade soybean oil in Tianjin was 8,400 yuan/ton, with a daily increase of 70 yuan or 0.84%, and the spot basis was Y01 + 176 yuan, with a daily decrease of 4 yuan - The spot price of fourth - grade rapeseed oil in Jiangsu was 10,070 yuan/ton, with a daily decrease of 70 yuan or 0.69%, and the spot basis was OI01 + 298 yuan, with a daily decrease of 23 yuan [1] Market News - According to SGS, the estimated export volume of Malaysian palm oil from November 1 - 25 was 583,574 tons, a decrease of 40.77% compared to the same period last month - As of November 27, continuous heavy rain in Sumatra, Indonesia, caused floods and landslides, resulting in 52 deaths - The C&F price of Argentine soybean oil (December shipment) was 1,166 US dollars/ton, a decrease of 4 US dollars/ton from the previous trading day; the C&F price of Argentine soybean oil (February shipment) was 1,157 US dollars/ton, an increase of 1 US dollar/ton from the previous trading day - The C&F quotes of imported rapeseed oil: Canadian rapeseed oil (December shipment) was 1,110 US dollars/ton, unchanged from the previous trading day; Canadian rapeseed oil (February shipment) was 1,090 US dollars/ton, unchanged from the previous trading day - The C&F price of US Gulf soybeans (December shipment) was 502 US dollars/ton, an increase of 3 US dollars/ton from the previous trading day; the C&F price of US West soybeans (December shipment) was 496 US dollars/ton, an increase of 3 US dollars/ton from the previous trading day; the C&F price of Brazilian soybeans (December shipment) was 500 US dollars/ton, an increase of 7 US dollars/ton from the previous trading day - The import soybean premium quotes: the premium of the Mexican Gulf (December shipment) was 235 cents/bushel, unchanged from the previous trading day; the premium of the US West Coast (December shipment) was 220 cents/bushel, unchanged from the previous trading day; the premium of Brazilian ports (December shipment) was 230 cents/bushel, an increase of 10 cents/bushel from the previous trading day [2]