进口

Search documents
油脂油料早报-20250512
Yong An Qi Huo· 2025-05-12 06:42
油脂油料早报 研究中心农产品团队 2025/05/12 Safras & Mercado:巴西大豆作物销售落后于进度 咨询公司Safras & Mercado的报告显示,巴西收割已结束的2024/25年度大豆作物商业化销售已达到预期产量的 57%,和去年同期和历史均值相比有所延迟。 和上月相比,巴西大豆销售增加6.3个百分点。 上年同期,大豆销售完成预期产量的64.6%,五年均值甚至为更高的70.3%。 考虑到该公司已将大豆产量预估达到创纪录的1.7245亿吨,因此该国大豆销售已达到9,788万吨。 数据显示,生产商的销售速度有所放缓,这可能和国际市场价格波动、气候不确定以及价格行为有关,而巴西部分 地区的价格仍然承压。 **下一年度大豆销售也增加** 2025/26年度,巴西大豆销售量达到预期产量1.8257亿吨的7.9%,约为1.435万吨。 尽管销售有所好转,但仍低于去年同期的9.9%,也远低于历史均值的17.2%。这表明,尽管近几周交易速度有所加 快,但鉴于市场的不确定性,生产商在谈判中仍保持谨慎。 美国农业部:民间出口商报告向巴基斯坦出口销售 据美国农业部(USDA)网站 9日消息,民间出口商报告向 ...
申万期货品种策略日报:油脂油料-20250512
Shen Yin Wan Guo Qi Huo· 2025-05-12 05:23
| CNF到岸价: | 指标 | | --- | --- | | 名称 | | 马来西亚棕 榈油:连续 2025/5/12 申万期货品种策略日报- 油脂油料 申银万国期货研究所 李霁月(从业编号:F03119649;交易咨询号:Z0019570) lijy@sywgqh.com.cn 国 内 期 货 市 场 豆油主力 棕榈油主力 菜油主力 豆粕主力 菜粕主力 花生主力 前日收盘价 7786 7914 9335 2920 2484 8844 涨跌 26 -60 119 5 19 26 涨跌幅(%) 0.34% -0.75% -3.15% 0.17% 0.77% 0.29% 价差 Y9-1 P9-1 OI9-1 Y-P09 OI-Y09 OI-P09 现值 54 26 149 -214 1456 1242 前值 62 26 143 -316 1465 1149 比价-价差 M9-1 RM9-1 M-RM09 M/RM09 Y/M09 Y-M09 现值 -49 217 367 1.14 2.66 4845 前值 -47 217 384 1.15 2.68 4912 国 际 期 货 市 场 BMD棕榈油/ 林吉特/吨 ...
重要会谈新进展,恒科大幅高开!恒生科技ETF基金(513260)猛涨2%!机构:政策环境改善,资金流入边际增加
Sou Hu Cai Jing· 2025-05-12 02:41
受国际环境等利好提振,今日(5.12)港股飘红,恒生科技ETF基金(513260)涨超2%,开盘30分钟左右成交额已超3亿元。资金面上,恒生科技ETF基金 (513260)盘中溢价率走高达0.15%,近60日净流入超29亿元,最新基金规模突破43亿元! 华泰证券认为,港股或仍具相对收益,关注进口替代方向。1)产业上,港股板块中,关税敏感性较高的出口链及中游制造企业市值占比较低;2)政策环境 改善有助于风险偏好提振;3)估值相对较低且受政策支持的港股科技和消费板块仍具吸引力;4)美国经济硬数据转弱或提升全球资金再配置需求。 【恒生科技受到哪些利好?】 华泰证券表示,风险情绪改善支撑上周港股小幅收涨1.6%。5月7日,高层召开介绍"一揽子金融政策支持稳市场稳预期"有关情况的新闻发布会。本次发布会 对资本市场政策态度积极,重点支持科技、消费领域,对港股市场形成积极影响。5月8日凌晨,5月FOMC会议上美继续按兵不动,强调不确定性以及滞胀 风险上升,不急于调整货币政策,基本符合市场预期。周末,经贸高层会谈开展,贸易摩擦或有降级空间,有助于改善市场情绪。配置上,建议继续关注受 政策支持的港股特色板块科技及内需消费,以及 ...
中芯、华虹业绩解读和联想科技日见闻
2025-05-12 01:48
中芯、华虹业绩解读和联想科技日见闻 20250511 摘要 • 中芯国际一季度营收增长低于预期,但出货量同比增长 15%,毛利率保持 稳定,主要受益于产能利用率提升。晶圆价格下降 9%是由于厂务维修影 响良率,但关税影响较小,约占营收 1%。 • 华虹半导体一季度收入符合预期,但二季度指引偏弱,增长仅为 3.5%。 模拟和电源管理表现良好,但功率管理面临产能过剩压力。毛利率下降至 9.2%,受 ASP 转弱和无锡九厂折旧影响。公司将收购华力五厂以解决同 业竞争问题。 • 国产设备良率问题导致中芯国际短期业绩受影响,但长期国产化趋势强劲, 核心设备股预计保持 30%左右增长。预计 2025 年中国本土制造企业投资 将下降 2%,国产化率可能接近 30%。 • 模拟进口替代是未来几年持续增长的重要赛道,国内模拟公司如盛邦、纳 芯微等正在替代海外企业。生成式 AI 推动数据中心电源相关 PIMS 需求增 长,利好数据中心、汽车相关模拟占比高的企业。 • 全球代工行业 ASP 压力大,产能过剩导致 ASP 下降,但产能利用率上升。 中芯国际 ASP 跌幅最大,为 9%。台积电指引保守,但 UMC 考虑在北美 设厂。工 ...
浙江台州港迎今年首批新西兰猕猴桃
Zhong Guo Xin Wen Wang· 2025-05-11 13:05
5月11日,满载5682吨新西兰猕猴桃的"玫瑰湾"号在浙江台州港大麦屿港区顺利靠泊。这批新鲜到港 的"阳光金果"拉开了今年台州口岸新西兰猕猴桃进口季的序幕。 在"玫瑰湾"号靠泊的第一时间,台州海关关员就登轮开展检疫查验。随着舱盖缓缓打开,一个个装载猕 猴桃的集装箱被吊机精准地卸货下船。 随后,台州海关对进口水果进行剖果检查和有害生物检疫,按要求开展农药残留、重金属等有毒有害物 质检测,保障"果篮子"安全。 "我们采用'提前申报、即到即查'的通关模式,精准掌握猕猴桃到港信息,开设进口水果通关绿色通 道,助力企业抓住黄金销售期,让新鲜水果在最短的时间到达消费者手中。"台州海关驻玉环办事处业 务三科副科长高福斌介绍说。 "此次到港的猕猴桃主要品种为新西兰优质品牌'佳沛'。这批新鲜猕猴桃将分成两批,一半发往上海等 地,一半存放在大麦屿港国际生鲜冷链中心,根据后期销售情况,调拨至全国各地。"运送该批猕猴桃 的相关物流公司总经理洪方宽表示,9月还将有4船猕猴桃抵达,企业后续计划开通东南亚航线,从大麦 屿口岸进口更多东南亚水果。 近年来,消费者对高品质进口水果需求持续增长。大麦屿口岸作为浙江省重要的进口水果指定口岸, 20 ...
【期货热点追踪】中国4月大豆进口量同比下降,为何市场预期5月和6月大豆进口量将大幅反弹?
news flash· 2025-05-09 15:06
Core Viewpoint - China's soybean imports in April experienced a year-on-year decline, yet the market anticipates a significant rebound in soybean imports for May and June [1] Group 1 - April soybean import volume in China decreased compared to the same month last year [1] - Market expectations for May and June indicate a substantial increase in soybean imports [1]
品渥食品 2024 年业绩透视:扭亏背后的进口食品转型之痛
Xin Lang Zheng Quan· 2025-05-09 09:18
Core Insights - The company reported a significant decline in revenue for 2024, with total revenue at 876 million yuan, a year-on-year decrease of 21.98%, continuing a downward trend since 2022. However, it achieved a net profit of 6.9884 million yuan, recovering from a loss of 73.3708 million yuan in 2023 [1][2][4] Group 1: Brand Performance - The core brands, "DeYa" and "Valentine," experienced substantial revenue declines, with DeYa's dairy business revenue dropping nearly 25%, significantly impacting overall revenue. Valentine beer also saw a revenue decrease of 2.96% due to competition from craft and domestic premium beers [2][4] - The second growth curve brands, such as "Henry Grains" and "Pinli Olive Oil," also faced slowing growth rates [2] Group 2: Channel Dynamics - The company's revenue structure heavily relied on online sales, which accounted for 65.18% of total revenue but saw a year-on-year decline of 22.75%, exceeding the industry average. The decline reflects challenges in adapting to new e-commerce trends and increased competition from emerging channels [3] - Offline revenue, making up 34.75% of total revenue, also fell by 20.56%, particularly in supermarket systems, as consumer foot traffic decreased post-pandemic and price sensitivity for imported goods increased [3] Group 3: Industry Trends - The overall imported food industry is facing a downturn, with a 9.7% year-on-year decrease in dairy product imports in 2024. This decline is driven by the rise of domestic alternatives, increased supply chain risks, and changing consumer preferences [4] - Domestic brands like Yili and Mengniu have improved their quality and marketing, diminishing the perceived value of imported products. The price gap between DeYa's long-life milk and Yili's premium products has narrowed from 30% in 2019 to 12% in 2024 [4] - The company must find a balance between "premiumization" and "cost-effectiveness" to navigate the current market challenges, as highlighted in their annual report [4]
宏观数据|2025年3月汽车零部件进口金额情况简析
中汽协会数据· 2025-05-09 08:51
2025 年 1- 3 月, 汽车零部件产品进口金额 51.3 亿美元,同比下降 23.8% 。 来源: 中汽协会行业信息部 据中国汽车工业协 会整理的 海关总署数据 显 示, 2025 年 3 月, 汽车零部件产品进口金额达 17.1 亿美元,环比持平,同比下降 27.9% 。 ...
港股收评:恒指7连涨,科技股表现低迷,半导体、军工下跌
Ge Long Hui· 2025-05-09 08:32
Market Overview - The Hong Kong stock market showed mixed performance with the Hang Seng Index rising by 0.4% to 22,867.74, marking its seventh consecutive gain, while the Hang Seng Tech Index fell by 0.93% to below 5,200 points [1][2]. Major Indices Performance - The Hang Seng Index closed at 22,867.74, up by 91.82 points or 0.40% [2]. - The Hang Seng China Enterprises Index increased slightly by 0.1% to 8,308.83 [2]. - The Hang Seng Tech Index dropped to 5,180.25, down by 48.66 points or 0.93% [2]. Sector Performance - Large tech stocks mostly underperformed, with Kuaishou down 2.35%, NetEase down over 1%, while Alibaba rose approximately 2% and Xiaomi increased by 1% [2]. - Semiconductor stocks experienced significant declines, with SMIC and Hua Hong Semiconductor falling by 4.76% and 7.94% respectively [3][13]. - Defense stocks saw a collective pullback, with AVIC down over 5% and China Shipbuilding down over 4% [4][14]. - Retail stocks led gains, with Prada up nearly 5% and Chow Tai Fook up nearly 4% [5][6]. - Food stocks also performed well, with Uni-President China rising over 9% [7]. - Wind power stocks continued their upward trend, with Goldwind Technology up over 4% [8]. - Port transportation stocks saw increases, with China Merchants Port up over 4% [9]. - Consumer electronics stocks were active, with TCL Electronics rising over 5% [10]. - Oil stocks increased, with China Petroleum and CNOOC both rising over 1% [11]. - Banking stocks also saw gains, with Chongqing Rural Commercial Bank up over 4% [12]. Capital Flows - Southbound funds recorded a net inflow of HKD 4.044 billion, with the Shanghai-Hong Kong Stock Connect contributing HKD 3.246 billion and the Shenzhen-Hong Kong Stock Connect contributing HKD 798 million [16]. Future Outlook - Guotai Junan Hong Kong suggests that after the recent recovery, the Hong Kong stock market may maintain a sideways consolidation in the short term, with international trade negotiations expected to be complex and uncertain [18]. - The investment strategy recommends a focus on dividend styles as a base, with a gradual shift towards sectors supported by domestic policies, including semiconductors, electronics, and innovative pharmaceuticals [18].