关注全球粮食市场动态 +订阅 泛欧交易所9月期小麦期货因全球供应充裕而跌破每吨200欧元的关口。 ...

1. Report Industry Investment Rating - No relevant content was found. 2. Core Viewpoints of the Report - The domestic soybean meal futures market continued to strengthen, mainly driven by macro - factors. The rapeseed meal futures market also rebounded, mainly influenced by soybean meal. The inter - monthly spreads of both soybean meal and rapeseed meal futures showed a generally strong trend [4]. - The fundamentals of US old - crop soybeans are still favorable, while the new - crop sowing progress has slowed but remains at a relatively high level. Brazil's soybean selling progress is slow, and its exports are expected to increase. Argentina's domestic soybean crushing may slow down [5]. - The domestic spot market is becoming more abundant, with increasing soybean oil mill operating rates and inventory accumulation. The near - term demand improvement is limited, but there may be support in the long - term due to relatively tight supply [7]. - The macro - situation, especially the Sino - US negotiations in the UK, is the main driver of the market. Future negotiation results may have a significant impact on the market [8]. 3. Summary by Related Catalogs 3.1 Market Review - The external market continued to fluctuate, with limited overall changes. The domestic soybean meal futures market strengthened, and the rapeseed meal futures market rebounded. The inter - monthly spreads of both showed a strong trend [4]. 3.2 Fundamentals - **US**: As of the week ending June 5th, the good - to - excellent rate of US new - crop soybeans was 68%. The old - crop export inspection volume was 547,000 tons, at a relatively high level in the same period of history. The USDA - reported soybean crushing volume in April was 5.508 million tons, a 2.03% month - on - month decrease. The new - crop sowing progress has slowed [5]. - **Brazil**: The selling progress of Brazilian farmers has accelerated but remains at a low level in the same period of history. The recent soybean crushing volume has decreased, and exports are expected to increase [5]. - **Argentina**: The growth rate of domestic soybean crushing may slow down [5]. - **Domestic**: As of June 6th, the actual soybean crushing volume of domestic oil mills was 2.2446 million tons, with an operating rate of 63.1%. The soybean inventory was 6.1029 million tons, a 4.7% increase from the previous week and a 24.7% increase year - on - year. The soybean meal inventory was 382,500 tons, a 28.36% increase from the previous week and a 57% decrease year - on - year. The rapeseed meal demand has weakened, and the supply pressure remains [7]. 3.3 Macro - situation - The market's focus is on the Sino - US negotiations in the UK. Although little information has been released, the market is optimistic due to pre - meeting positive signals. The macro - situation has become the main driver of the market, and the negotiation results may have a significant impact [8]. 3.4 Logical Analysis - The domestic soybean meal futures market is strengthening, mainly driven by the macro - situation. The US soybean futures market may face downward pressure. The import cost of soybeans from Brazil is expected to have limited downward movement. The rapeseed meal market is expected to fluctuate [8]. 3.5 Trading Strategies - **Single - side trading**: Hold a wait - and - see attitude. - **Arbitrage**: Go long on the M11 - 1 spread. - **Options**: Sell a wide - straddle strategy [9].

期货热点追踪 印度大量采购棕榈油！低库存下的抢购潮能持续多久？棕榈油还能做多吗？ 相关链接 ...

菜籽系产业日报 2025-06-10 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | | 期货收盘价(活跃合约):菜籽油(日,元/吨) | 9188 | 6 期货收盘价(活跃合约):菜籽粕(日,元/吨) | 2629 | 15 | | 期货市场 | 菜油月间差(9-1):(日,元/吨) 主力合约持仓量:菜油(日,手) | 142 289086 | 1 菜粕月间价差(9-1)(日,元/吨) -2291 主力合约持仓量:菜粕(日,手) | 273 552069 | 10 10019 | | | 期货前20名持仓:净买单量:菜油(日,手) | 42967 | 5349 期货前20名持仓:净买单量:菜粕(日,手) | -11713 | 994 | | | 仓单数量:菜油(日,张) | 0 | 0 仓单数量:菜粕(日,张) | 26649 | -415 | | | 期货收盘价(活跃):ICE油菜籽(日,加元/吨) | 694.6 | 2.3 期货收盘价(活跃合约):油菜籽(日,元/吨) | 5066 | - ...

Group 1: Report Information - Report issued by ITG Guomao Futures' Agricultural Products Research Center on June 10, 2025, with analyst Huang Xianglan [2][3] Group 2: Spot Basis Data - 43% soybean meal spot basis in Dalian was -39 on June 9, up 11; in Tianjin -79, up 11; in Rizhao -139, up 31; in Zhangjiagang -119, down 9; in Dongguan -159, up 31; in Zhanjiang -119, up 11; in Fangcheng -119, up 21 [4] - Rapeseed meal spot basis in Guangdong was -184 on June 9, down 6 [4] Group 3: Spread Data - M9 - 1 was -41; N9 - RM9 was -3; RM9 - 1 was 263; spot spread of soybean meal - rapeseed meal in Guangdong was 430, up 40; spot spread of soybean meal - rapeseed meal was 405, up 3 [4][5] Group 4: Supply Situation - Domestic arrivals of Brazilian soybeans in May, June, and July 2025 are expected to exceed 10 million tons each month. As of June 9, the ship - buying progress is 94.4% for June, 80.6% for July, and 33.8% for August. US soybean planting progress is fast, and the weather in the next two weeks is expected to be favorable for early growth [5] Group 5: Demand Situation - From the perspective of inventory, pig supply is expected to increase steadily before September; poultry inventory remains at a high level. The cost - effectiveness of soybean meal has significantly improved, leading to increased downstream transactions and better提货 [6] Group 6: Inventory Situation - As of last week, domestic soybean inventory continued to accumulate and is currently at a relatively high level in the same period. Soybean meal inventory also continued to accumulate but is still at a low level. With the significant recovery of开机 and pressing, soybean meal inventory is expected to accumulate at an accelerated pace in June [6] Group 7: Core View - The precipitation in Nebraska and surrounding areas in the US production area has been relatively low recently, but there is no high - temperature cooperation. Brazilian premium has slightly declined tonight. Domestic soybean and soybean meal continue to accumulate inventory, but the inventory accumulation speed of soybean meal is currently relatively slow. Domestic basis continues to decline. The pressure of Brazilian soybean arrivals is expected to continue to be reflected in the basis and near - month contracts. As domestic ship - buying progresses, the short - term upward space of M09 is expected to be relatively limited [6]

请务必阅读正文之后的免责条款部分 EVERBRIGHT FUTURES 1 | | 虽然期货盘面价格上涨，但大豆盘面榨利差，油厂进口积极性低。期货的强势与 进口成本走高，远期供应担忧有关。操作上，豆粕 91、15 正套持有，单边多头 | | | --- | --- | --- | | | 思路。 | | | | 周一，BMD 棕榈油震荡运行，市场等待 MPOB 报告指引。之前一项调查显示， 尽管出口需求旺盛，但受到产量温和复苏推动，马来西亚 5 月棕榈油库存预计攀 升至 201 万吨，环比上涨 7.74%。其中产量环比增长 3%至 174 万吨。原油价格偏 | | | 油脂 | 强运行，因地缘紧张加剧和美国经济数据好于预期。国内方面，油脂期价偏强运 | 震荡 | | | 行。棕榈油和豆油的涨幅超过菜籽油，蛋白粕走势强于油脂。库存方面，油脂库 | | | | 存稳中增加，大豆压榨量增加是主要原因，其次是油脂需求平淡，国内供应宽松 | | | | 预期持续。操作上，短线参与，豆油和棕榈油买 9 卖 1。 | | | | 周一，鸡蛋期货下跌，主力 2507 合约下跌后低位震荡，尾盘小幅回收，日收跌 | | | | ...

自糖产业期现日报 反期货 投资咨询业务资格：证监许可 【2011】1292号 2025年6月10日 刘珂 Z0016336 | 指标 | 现值 | 前值 | 涨跌 | 涨跌幅 | 单位 | | --- | --- | --- | --- | --- | --- | | 白糖2601 | રકેતી ર | રકેવા | 0 | 0.00% | 元/吨 | | 白糖2509 | 5734 | 5735 | -1 | -0.02% | | | ICE原糖主力 | 16.70 | 16.51 | 0.19 | 1.15% | 美分/磅 | | 白糖1-9价差 | -144 | -145 | 1 | 0.69% | 元/吨 | | 主力合约持仓量 | 341231 | 342408 | -1177 | -0.34% | 글 | | 仓单数量 | 29443 | 29443 | O | 0.00% | ड़ॉर्स | | 有效预报 | 0 | 0 | 0 | #DIV/0! | | | 现货市场价格 | | | | | | | 指标 | 现值 | 前值 | 涨跌 | 张跌幅 | 单位 | | 南宁 | 6080 | ...

行业 豆粕 日期 2025 年 6 月 10 日 021-60635732 yulanlan@ccb.ccbfutures.com 期货从业资格号：F0301101 021-60635740 linzhenlei@ccb.ccbfutures.co m期货从业资格号：F3055047 | 表1：行情回顾 | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 合约 | 前结算价 | 开盘价 | 最高价 | 最低价 | 收盘价 | 涨跌 | 涨跌幅 | 成交量 | 持仓量 | 持仓量变化 | | 豆粕2507 | 2800 | 2813 | 2844 | 2805 | 2839 | 39 | 1.39% | 134320 | 283206 | -25076 | | 豆粕2509 | 2991 | 3002 | 3023 | 3000 | 3019 | 28 | 0.94% | 1083924 | 2292836 | 18496 | | 豆粕2511 | 3030 | 3040 | 30 ...

Core Insights - The article discusses the contrasting conditions for corn and soybean crops in the U.S., highlighting an increase in corn crop ratings while soybean prospects are threatened by flooding [1] Group 1: Crop Ratings - Corn crop ratings have improved, indicating a potentially favorable outlook for corn production [1] - In contrast, soybean crops are facing challenges due to adverse weather conditions, particularly flooding, which raises concerns about their future yield [1] Group 2: Weather Outlook - The upcoming week’s weather forecast presents a mixed outlook, suggesting both positive and negative impacts on U.S. crops [1] - The ability of U.S. crops to recover or improve significantly depends on the weather conditions in the near term [1]

豆油：驱动暂时不强，区间震荡 | | | 2025 年 6 月 10 日 棕榈油：产地压力分歧较大，震荡磨底 【基本面跟踪】 油脂基本面数据 | | | 单 位 | 收盘价 (日盘） | 涨跌幅 | 收盘价 （夜盘） | 涨跌幅 | | --- | --- | --- | --- | --- | --- | --- | | | 棕榈油主力 | 元/吨 | 8,182 | 0.89% | 8,166 | -0.20% | | | 豆油主力 | 元/吨 | 7,766 | 0.36% | 7,758 | -0.10% | | | 菜油主力 | 元/吨 | 9,182 | 0.46% | 9,170 | -0.13% | | | 马棕主力 | 林吉特/吨 | 3,925 | 0.20% | 3,919 | -0.15% | | 期 货 | CBOT豆油主力 | 美分/磅 | 47.41 | -0.19% | | | | | | 单 位 | 昨日成交 | 成交变动 | 昨日持仓 | 持仓变动 | | | 棕榈油主力 | 手 | 475,370 | -151,443 | 441,360 | 22,139 | | | 豆 ...