油脂油料早报-20260304

Group 1: Industry Information - As of the week of February 28, 2026, the soybean harvest rate in Brazil's 2025/26 season was 41.7%, up from 31.9% the previous week, compared to 48.4% in the same period last year and a five - year average of 38.4% [1] - Malaysia's palm oil inventory in February is expected to be at a four - month low. The estimated inventory is 2.63 million tons, a 6.52% decrease from January. The estimated production in February is 1.3 million tons, a 17.8% decrease from the previous month, and exports are expected to drop 20.8% to 1.18 million tons [1] - India's palm oil imports in February increased 10.1% to 844,000 tons, a six - month high. Meanwhile, soybean oil imports rose 8.7% to 303,000 tons, and sunflower oil imports dropped 45.3% to 146,000 tons. The total edible oil imports decreased 1.4% to 1.29 million tons [1] - Indonesia's palm oil exports in January 2026 were strong, with the export value soaring 59.63% year - on - year to $2.29 billion and the export volume increasing 77.07% to 2.24 million tons [1] - The average forecast of six traders and analysts is that Canada's rapeseed planting area in 2026 will be 22.3 million acres, higher than the 21.5 million acres in 2025 [1] Group 2: Spot Price Information - Spot price data from February 25 - March 3, 2026, is provided for various products including soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu [2] Group 3: Other Information - There are brief mentions of protein meal basis, oil basis, and oil and fat futures price spreads [3][4]