豆一受供应收缩支撑，花生油厂压价收购持续

1. Report Industry Investment Rating - The investment rating for both soybeans and peanuts is neutral [4][7] 2. Core Viewpoints - For soybeans, the supply contraction supports the price, and the soybean price is expected to run smoothly in the short - term under the relatively balanced supply - demand pattern. However, the purchasing enthusiasm in the sales area has weakened [1][2][3] - For peanuts, the overall supply in the producing areas is relatively tight, with regional price differentiation. The demand side purchases cautiously, and oil mills generally adopt a strategy of strict quality control and price - pressing acquisitions [4][5][6] 3. Summary by Related Catalogs 3.1 Soybean Market Analysis - Futures: The closing price of the soybean No.1 2601 contract was 4126.00 yuan/ton, up 18.00 yuan/ton or 0.44% from the previous day [1] - Spot: The edible soybean spot basis was A01 - 26, down 18 or 32.14% from the previous day. The new - season soybean prices in the Northeast producing area showed a small regional increase of about 20 - 40 yuan/ton. The remaining grain at the grass - roots level is gradually running out, and farmers generally hold their grain and are reluctant to sell. The market price is in a stalemate, and the effective supply is tight due to the hoarding psychology of traders. The policy plays a supporting role, and large enterprises are actively purchasing, but the purchasing in the sales area is cautious [1][2][3] 3.2 Peanut Market Analysis - Futures: The closing price of the peanut 2601 contract was 8152.00 yuan/ton, down 46.00 yuan/ton or 0.56% from the previous day [4] - Spot: The average spot price of peanuts was 8180.00 yuan/ton, down 20.00 yuan/ton or 0.24% from the previous day. The spot basis was PK01 - 1152.00, up 46.00 or - 3.84% from the previous day. The national average price of common peanuts was 4.10 yuan/jin, down 0.01 yuan/jin. The supply in the producing areas is tight with regional price differentiation, the demand side is cautious in purchasing, and the oil mills have a low operating rate and adopt a price - pressing acquisition strategy [4][5][6]