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Core Viewpoint - The domestic oilseed market shows mixed performance, with canola meal futures rising while other oil futures decline as of June 30, indicating volatility in the sector [1]. Price Movements - Canola meal futures increased by 1.14% to 2572.00 CNY/ton - Canola oil futures decreased by 0.43% to 9421.00 CNY/ton - Palm oil futures fell by 0.69% to 8308.00 CNY/ton - Soybean oil futures dropped by 0.32% to 7976.00 CNY/ton [1][2]. Futures Market Data - Soybean oil opened at 7994.00 CNY, closing at 8002.00 CNY - Palm oil opened at 8366.00 CNY, closing at 8366.00 CNY - Canola oil opened and closed at 9466.00 CNY - Soybean meal opened at 2942.00 CNY, closing at 2938.00 CNY - Canola meal opened at 2558.00 CNY, closing at 2543.00 CNY [2]. Warehouse Receipt Data - Soybean oil warehouse receipts remained stable at 18882 lots - Palm oil warehouse receipts increased by 470 lots to 470 lots - Canola oil warehouse receipts remained stable at 300 lots - Soybean meal warehouse receipts rose by 9610 lots to 35561 lots - Canola meal warehouse receipts decreased by 1141 lots to 21544 lots [3]. Basis and Spot Prices - Canola meal spot price is 2475 CNY, with a futures price of 2509 CNY, resulting in a basis of -68 CNY and a basis rate of -2.75% - Palm oil spot price is 8586 CNY, with a futures price of 8366 CNY, resulting in a basis of 220 CNY and a basis rate of 2.56% - Soybean one spot price is 4295 CNY, with a futures price of 4144 CNY, resulting in a basis of 151 CNY and a basis rate of 3.52% - Soybean meal spot price is 2906 CNY, with a futures price of 2938 CNY, resulting in a basis of -32 CNY and a basis rate of -1.10% - Soybean oil spot price is 8254 CNY, with a futures price of 8002 CNY, resulting in a basis of 252 CNY and a basis rate of 3.05% [4].

Core Insights - The domestic futures market for oilseeds showed a mixed performance on June 13, with palm oil futures rising over 2% [1] - As of the latest data, palm oil futures increased by 2.12% to 8178.00 CNY/ton, while canola oil and soybean oil also saw gains of 1.80% and 1.40%, respectively [1] Price Movements - The opening and closing prices for various oilseed futures on June 13 are as follows: - Soybean oil: Opened at 7720.00 CNY, closed at 7810.00 CNY - Palm oil: Opened at 8032.00 CNY, closed at 8178.00 CNY - Canola oil: Opened at 9205.00 CNY, closed at 9339.00 CNY - Peanut: Opened at 8208.00 CNY, closed at 8212.00 CNY [2] Warehouse Receipt Data - As of June 12, the warehouse receipt data indicated: - Soybean oil futures receipts decreased by 100 contracts to 17552 contracts - Palm oil futures receipts increased by 80 contracts to 540 contracts - Canola oil futures receipts increased by 100 contracts to 1185 contracts - Other oilseed futures such as soybean meal and canola meal saw slight decreases in receipts [3] Basis and Spot Prices - The basis and spot prices for various oilseed products are as follows: - Canola oil: Spot price at 9333.33 CNY, basis at 159 CNY, basis rate at 1.70% - Palm oil: Spot price at 8424 CNY, basis at 416 CNY, basis rate at 4.94% - Soybean oil: Spot price at 7954 CNY, basis at 252 CNY, basis rate at 3.17% - Notably, several contracts, including canola oil and palm oil, exhibited a 'backwardation' phenomenon where spot prices exceeded futures prices [4]

Core Viewpoint - The domestic futures market for crude oil and related products experienced a significant increase on June 12, with crude oil and fuel oil prices rising nearly 3% [1] Group 1: Price Movements - As of June 12, the main crude oil futures rose by 2.99% to 495.60 CNY per barrel [1] - Fuel oil futures increased by 2.85% to 3000.00 CNY per ton [1] - Low sulfur fuel oil futures rose by 2.27% to 3647.00 CNY per ton [1] - Asphalt futures saw a rise of 1.35% to 3523.00 CNY per ton [1] Group 2: Futures Price Data - The opening price for SC crude oil was 486.60 CNY, with a previous close of 478.10 CNY and a last settlement price of 481.20 CNY [2] - Fuel oil opened at 2952.00 CNY, with a previous close of 2912.00 CNY and a last settlement price of 2917.00 CNY [2] - Asphalt opened at 3493.00 CNY, with a previous close of 3461.00 CNY and a last settlement price of 3476.00 CNY [2] - Liquefied petroleum gas opened at 4154.00 CNY, with a previous close of 4130.00 CNY and a last settlement price of 4119.00 CNY [2] - Low sulfur fuel oil opened at 3617.00 CNY, with a previous close of 3563.00 CNY and a last settlement price of 3566.00 CNY [2] Group 3: Warehouse Data - As of June 11, the warehouse data showed that the medium-sulfur crude oil futures warehouse stood at 4,029,000 barrels, unchanged from the previous trading day [3] - Fuel oil futures warehouse was at 24,750 tons, also unchanged from the previous trading day [3] - Asphalt futures warehouse was at 36,350 tons, remaining stable from the previous trading day [3] - Liquefied petroleum gas futures warehouse decreased by 205 contracts to 9,135 contracts [3] - Low sulfur fuel oil warehouse reported 0 tons, down by 1,000 tons from the previous trading day [3] Group 4: Basis Data - The basis data indicated a phenomenon of 'backwardation' for fuel oil, asphalt, liquefied petroleum gas, and low sulfur fuel oil, where spot prices exceeded futures prices [3] - For fuel oil, the spot price was 5275 CNY, with a futures price of 2917 CNY, resulting in a basis of 2358 CNY and a basis rate of 44.70% [3] - For asphalt, the spot price was 3630 CNY, with a futures price of 3476 CNY, leading to a basis of 154 CNY and a basis rate of 4.24% [3] - For liquefied petroleum gas, the spot price was 4797.5 CNY, with a futures price of 4119 CNY, resulting in a basis of 678 CNY and a basis rate of 14.13% [3] - For low sulfur fuel oil, the spot price was 3648 CNY, with a futures price of 3563 CNY, leading to a basis of 85 CNY and a basis rate of 2.32% [3]