广发期货所有,未经广发期货书面授权,任何人不得对本报告进行任何形式的发布、复制。如引用 安户至上 知道图图 求实泰献 舞注明中外为"广发明密" | 油脂产业期现日报 | | | | --- | --- | --- | | 投资咨询业务资格:证监许可 【2011】1292号 壬泽辉 Z0019938 2025年5月16日 | | | | 更油 | | | | 2月15日 5月14日 涨跌 涨跌幅 | | | | 现价 江苏一级 8290 8360 -70 -0.84% | | | | 期价 Y2509 7950 8030 -80 -1.00% | | | | 甚差 Y2509 330 340 10 3.03% | | | | 现货墓差报价 江苏5月 09+380 09+400 -20 - | | | | 仓单 10870 10870 O 0.00% | | | | 棕榈油 | | | | 2月15日 5月14日 张跃 张跃幅 | | | | 现价 广东24度 8600 8800 -200 -2.27% 期价 P2509 8340 8450 -110 -1.30% | | | | 基差 P2509 260 350 ...

2025/5/16 10:13 【国富期货早间看点】印尼上调⽑棕榈油出⼝专项税⾄10% Anec 5 1427 20250515 【国富期货早间看点】印尼上调毛棕榈油出口专项税至10% Anec上 调巴西大豆5月出口预估至1427万吨 20250515 2025年05月15日 07:38 02 现货行情 | 期货 | 现货 | 现货价格 | 基差 | 基差隔日变化 | | --- | --- | --- | --- | --- | | DCE棕榈油2505 | 华北 | N/A | N/A | N/A | | | 华东 | 8620 | 460 | -20 | | | 华南 | 8680 | 520 | -10 | | DCE豆油2509 | 山东 | 8160 | 266 | -34 | | | 江苏 | 8280 | 386 | ୧ | | | 广东 | 8250 | 356 | ୧ | | | 天津 | 8260 | 366 | 56 | | DCE豆箱2509 | 山东 | 2960 | 57 | -38 | | | 江苏 | 2990 | 87 | -8 | | | 广东 | 3030 | 127 ...

Report Industry Investment Ratings - No industry investment ratings are provided in the reports. Core Views Oils and Fats - Palm oil futures may fall due to potential increases in production and inventory, with short - term fluctuations in domestic prices. There's a chance of reaching 8300 yuan. US policy proposals may boost soybean oil demand, but domestic inventory increases could drag down prices [1]. Sugar - Short - term, raw sugar will fluctuate between 17 - 20 cents/pound. Domestic sugar prices are supported currently but may face limited upside due to expected import increases, with a forecast range of 5800 - 5950 yuan [3]. Cotton - Domestic cotton prices may oscillate in the short term. New cotton supply looks good, while downstream demand is slightly weak. Attention should be paid to the 13500 - 13700 yuan/ton pressure level [4]. Eggs - Abundant supply and general demand lead to a slightly tense supply - demand situation. Egg prices may decline slightly and then stabilize this week [6]. Meal - US soybean prices are pressured by biodiesel policy uncertainty and smooth sowing. Domestic supply is increasing, and the basis is under pressure. Attention should be paid to soybean meal performance around 2900 yuan [9]. Corn - In the short term, the corn market is stable with a sideways trend. In the long term, supply tightening and increased demand will support prices. Suggest buying on dips during corrections [11]. Pigs - Pig prices are expected to remain volatile. The 09 contract is driven by funds, with limited upside and downside potential. Attention should be paid to the second - fattening slaughter [15][16]. Summary by Related Catalogs Oils and Fats - **Price Changes**: Soybean oil spot price in Jiangsu dropped 0.84%, palm oil in Guangdong fell 2.27%, and rapeseed oil in Jiangsu decreased 0.31%. Futures prices also declined, while some basis values changed [1]. - **Policy Impact**: US policy proposals may increase soybean oil demand in biofuel production [1]. Sugar - **Market Data**: Futures prices declined slightly, while some spot prices increased. Production and sales increased year - on - year, and inventory decreased [3]. - **Industry Outlook**: Brazil's sugar production was affected by rain, but the 25/26 season is expected to be a bumper harvest [3]. Cotton - **Price and Inventory**: Futures prices dropped slightly, and some spot prices rose. Commercial inventory decreased, and import volume declined [4]. - **Market Situation**: Downstream demand is weakening, and new cotton supply is promising [4]. Eggs - **Price and Profit**: Futures prices declined, and the basis increased. Egg - layer chick prices were stable, and breeding profits improved [6]. - **Supply - Demand**: Supply is abundant, and demand is general [6]. Meal - **Price and Spread**: Soybean meal and rapeseed meal prices changed, and various spreads also adjusted. US soybean prices are under pressure, and domestic supply is increasing [9]. - **Market Factors**: Uncertain US biodiesel policy and smooth sowing affect the market [9]. Corn - **Price and Inventory**: Corn and corn starch prices changed. Corn inventory increased slightly, and starch inventory was stable [11]. - **Market Trends**: Short - term stability and long - term upward trend due to supply - demand changes [11]. Pigs - **Price and Spread**: Futures prices declined, and the spread between 7 - 9 contracts decreased. Spot prices were stable, and some indicators changed [15]. - **Market Conditions**: Stable supply - demand and potential second - fattening slaughter [15][16].

市场担忧生物燃料相关大宗商品前景，美豆从10个月高点回落，美豆油价格暴跌，这一因素带来的利空 影响也不容忽视！ 相关链接 期货热点追踪 ...

Core Viewpoint - The article discusses the release of the second batch of the "Green Low-Carbon Advanced Technology Demonstration Project List" by the National Development and Reform Commission, which includes 101 projects aimed at carbon reduction across three main areas: source reduction, process reduction, and end-of-pipe carbon capture [1] Group 1: Biobased Materials and Fuels - The article highlights a project for producing 110,000 tons of biodegradable polyester rubber, which aims to address the degradation issues of traditional synthetic rubber, achieving a carbon reduction rate exceeding 31% [2] - Another project focuses on producing 30,000 tons of high-performance environmentally friendly biobased materials, which will reduce carbon emissions by over 30,000 tons annually [5] - A significant project involves processing 1 million tons of waste oil to produce sustainable aviation fuel, with the capacity to generate 670,000 tons of sustainable aviation fuel annually [6] - A project for producing 500,000 tons of biodiesel and sustainable aviation fuel is also mentioned, with a production capacity of 400,000 tons of various bio-liquid fuels, achieving a 75% yield for sustainable aviation fuel [8]