油脂油料早报-20251230

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints - As of the week ending December 25, 2025, the U.S. soybean export inspection volume was 750,312 tons, in line with market expectations [1] - A private exporter reported a sale of 10,000 tons of soybeans to Egypt for delivery in the 2025/2026 market year [1] 3. Summary by Relevant Catalogs Overnight Market Information - The U.S. soybean export inspection volume as of the week ending December 25, 2025, was 750,312 tons, with the previous market forecast ranging from 750,000 - 1,200,000 tons. The volume in the previous week was revised to 929,365 tons from an initial value of 870,199 tons. The export inspection volume to the Chinese mainland that week was 135,417 tons, accounting for 18.05% of the total. As of the week ending December 26, 2024, the U.S. soybean export inspection volume was 1,643,692 tons. So far this crop year, the cumulative U.S. soybean export inspection volume is 15,396,334 tons, compared with 28,671,623 tons in the same period of the previous year [1] - A private exporter reported a sale of 10,000 tons of soybeans to Egypt for delivery in the 2025/2026 market year [1] Spot Prices - The spot prices of various products from December 23 - 29, 2025, are presented in a table, including prices of soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu [2] Protein Meal Basis - Not provided in the given content Fatty Basis - Not provided in the given content Fatty Oil Futures Spread - Not provided in the given content