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国投期货农产品日报-20260108
Guo Tou Qi Huo· 2026-01-08 11:35
Report Industry Investment Ratings - Bean No.1: ☆☆☆ [1] - Soybean Meal: ★★★ [1] - Soybean Oil: ★★★ [1] - Palm Oil: ★★★ [1] - Rapeseed Meal: ★☆☆ [1] - Rapeseed Oil: ★☆☆ [1] - Corn: ★★★ [1] - Live Pigs: ★★★ [1] - Eggs: ★☆☆ [1] Core Views - Market sentiment has ebbed, and commodities with large previous gains face profit - taking pressure. Different agricultural products have different market trends and influencing factors. Attention should be paid to policy, weather, export, and other aspects [2][3][4] Summary by Related Categories Bean No.1 - Bean No.1 futures main contract shows an adjustment trend with a reduction in positions. The domestic soybean spot price remains strong. The South American new - season soybean has a high - yield expectation, and short - term attention should be paid to policies and market guidance [2] Soybean & Soybean Meal - The USDA January report predicts the US 2025/26 soybean ending stocks and inventory as of December 1, 2025. Reuters predicts a slight increase in Brazilian and Argentine soybean production. South American weather is favorable, and the probability of ENSO neutral in the first quarter is 68%. Dalian soybean meal rebounds with US soybeans. Attention should be paid to US soybean exports and South American weather [3] Soybean Oil & Palm Oil - Market sentiment has ebbed, and soybean oil and palm oil show a trend of rising and then falling. Indonesia may raise palm oil export taxes, and the Malaysian palm oil market may continue to accumulate inventory. The supply - side risk of overseas soybeans is low, and the inventory pressure of Malaysian palm oil continues, with a weak supply - demand situation [4] Rapeseed Meal & Rapeseed Oil - Rapeseed - related futures decline significantly today. The market has high expectations for the Canadian Prime Minister's visit to China. If Canada changes its tariff policies on Chinese products, the export of Canadian rapeseed, rapeseed meal, and rapeseed oil to China may resume. The domestic rapeseed - related futures are expected to be in a weak and volatile trend [6] Corn - Dalian corn futures continue to increase positions and rise. Some Northeast deep - processing enterprises slightly raise the purchase price. The overall inventory of ports, traders, and downstream is still low. The spot price of some ports is stable or slightly weak. The number of remaining vehicles at corn deep - processing enterprises in the morning continues to decrease. The recent auction of China Grain Reserves Corporation's corn spot has a high transaction rate and premium. The short - term trend is wide - range volatility [7] Live Pigs - Live pig futures continue to fluctuate. Different data sources show different trends in the number of sows and newborn piglets. The fat - to - lean price difference is high, and the utilization rate of second - fattening pens is low. There is a large supply pressure before the Spring Festival, and the upward rebound space of the futures is limited. In the long - term, the pig price is likely to have a second bottom - testing in the first half of next year [8] Eggs - The near - month egg futures contract strengthens again, showing a near - weak and far - strong pattern compared with yesterday. The spot price is stable or slightly strong. The monthly year - on - year decline in chick replenishment from September to December exceeds 10%, and the egg - laying hen inventory is expected to continue to decline in the first half of 2026. It is recommended to go long on the first - half - year 2026 futures contracts at low prices. The second - half - year contracts may have different trends [9]
软商品日报-20260108
Guo Tou Qi Huo· 2026-01-08 11:30
Report Industry Investment Ratings - Cotton: ★★★, indicating a clearer long - term trend with relatively appropriate investment opportunities [1] - Pulp: ★★★, suggesting a clearer long - term trend and suitable investment opportunities [1] - Sugar: ★★★, showing a clearer long - term trend and current investment prospects [1] - Apple: ★★★, representing a clearer long - term trend and available investment chances [1] - Timber: ★★★, meaning a clearer long - term trend and proper investment opportunities [1] - 20 - rubber: ☆☆☆, indicating a short - term balance between long and short trends with poor operability on the current market [1] - Natural rubber: ☆☆☆, representing a short - term balance of long and short trends and poor market operability [1] - Butadiene rubber: ★★★, suggesting a clearer long - term trend and appropriate investment opportunities [1] Core Viewpoints - The report analyzes multiple soft commodities including cotton, sugar, apple, rubber, pulp, and timber, providing market conditions, supply - demand situations, and inventory data for each, and giving corresponding operation suggestions [2][3][4] Summary by Commodity Cotton & Cotton Yarn - Zhengzhou cotton prices dropped significantly today with a large reduction in positions, and the recent rise was mainly driven by expectations. The downstream situation is average, and spot sales are normal with a stable - to - weak basis [2] - Although new cotton production has increased significantly, commercial inventory is lower year - on - year, and the sales progress is faster, providing strong support to the market. Demand remains stable during the off - season [2] - As of December 25th, cumulative processed lint reached 669.7 million tons, a year - on - year increase of 75.8 million tons. As of December 15th, national commercial cotton inventory was 534.9 million tons, a year - on - year decrease of 1.63 million tons [2] - Spinning mills' demand for raw materials is resilient, with low finished - product inventory, but downstream orders are average. It is recommended to exit long positions and wait and see [2] Sugar - Overnight, US sugar prices fluctuated. Internationally, the focus is on the production expectation gap in the Northern Hemisphere. In the 25/26 sugar - making season, India's production progress is fast with a significant year - on - year increase in sugar output, while Thailand's progress is slow and output is lower than expected [3] - Domestically, Zhengzhou sugar prices fluctuated. In December in Guangxi, both production and sales decreased. December production was 180.8 million tons, a year - on - year decrease of 43.1 million tons; sales were 79.54 million tons, a year - on - year decrease of 55.18 million tons; industrial inventory was 105.71 million tons, a year - on - year decrease of 6.21 million tons [3] - The significant drop in sales is due to strong bearish sentiment in the market. Although there is a strong expectation of increased production in Guangxi in the 25/26 season, the production progress is slow. If production cannot increase later, futures prices will rise. It is recommended to wait and see [3] Apple - Futures prices fluctuated at a high level. Spot prices remained stable, and demand increased. In Shaanxi, some soft - semi - commodity fruit farmers lowered their asking prices, and their willingness to sell increased [4] - Cold - storage merchants in the origin mainly packed their own goods for the market and had less procurement of farmers' goods. Due to pre - Spring Festival stocking by merchants, cold - storage trading volume increased [4] - As of December 26th, national cold - storage apple inventory was 702.1 million tons, a year - on - year decrease of 12.76%. The destocking volume was 10.6 million tons, a year - on - year decrease of 14.17% [4] - The market trading logic has shifted to demand. This year's apple quality is poor, but the purchase price is high, and the reluctance of traders and farmers to sell may affect the destocking speed. It is recommended to wait and see [4] 20 - rubber, Natural Rubber, and Synthetic Rubber - Today, the futures prices of natural rubber RU and 20 - rubber NR dropped slightly, while the futures price of butadiene rubber BR rose slightly. Domestic natural rubber spot prices were stable, synthetic rubber spot prices rose, and the port price of external butadiene continued to rise. The price of the Thai raw - material market was stable with a slight increase [5] - Globally, natural rubber supply has entered the production - reduction period. In China, the Yunnan production area has completely stopped tapping, the Hainan production area is accelerating the stop of tapping, and the Vietnam production area will gradually stop later. Last week, the operating rate of domestic butadiene rubber plants was stable, with some plants under maintenance, and the operating rate of upstream butadiene plants continued to rise [5] - Last week, the domestic tire operating rate dropped significantly, and the finished - product inventory of Shandong tire enterprises continued to rise [5] - This week, the total natural rubber inventory in Qingdao increased to 54.83 million tons. Before the festival, the social inventory of Chinese cis - butadiene rubber continued to drop to 1.47 million tons, and this week, the upstream Chinese butadiene port inventory dropped to 4.13 million tons [5] - After the festival, demand is expected to recover, natural rubber supply will decrease, synthetic rubber supply will be stable, natural rubber inventory will continue to accumulate, synthetic rubber inventory will continue to decline, cost support will strengthen, and market sentiment will weaken. It is recommended to wait and see [5] Pulp - Pulp prices dropped today. Limited by weak downstream demand, the short - term upward space may be restricted. Attention should be paid to macro and capital trends [6] - As of January 8, 2026, the sample inventory of China's main pulp ports was 200.7 million tons, an increase of 1.0 million tons from the previous period, a month - on - month increase of 0.5%. The inventory continued to accumulate [6] - The price difference between softwood and hardwood pulp is narrowing, providing some support for softwood pulp. Recently, the external quotes of softwood and hardwood pulp have increased. Paper mills mainly purchase pulp based on rigid demand, and the rise of base - paper prices is relatively weak. It is recommended to go long at low prices [6] Timber - Futures prices fluctuated. Spot prices remained stable. Externally, quotes decreased, and domestic spot prices were weak. The short - term arrival volume will decrease [7] - As of January 2nd, the average daily outbound volume of logs at 13 national ports was 5.65 million cubic meters, a week - on - week decrease of 3.09%. Demand has entered the off - season, and the outbound volume has decreased recently [7] - As of January 2nd, the total national port log inventory was 267 million cubic meters, a month - on - month increase of 5.12%. The total national log inventory is low, and the inventory pressure is relatively small. Low inventory provides some support for prices. It is recommended to wait and see [7]
蛋白数据月报-20260108
Guo Mao Qi Huo· 2026-01-08 06:42
投资咨询业务资格:证监许可【2012】31号 www.itf.com.cn ITG国贸期货 数据日报 ----- 20/21 ----- 21/22 ------22/23 ------23/24 24/25 25/26 RM1-5 1000 258 11 800 价差数据 豆粕-菜粕 656 36 现货价差(广东) 200 豆粕-菜粕 392 6 盘面价差(主力) 07/27 08/22 10/22 10/23 11/23 12/24 01/24 02/24 升贴水-连续月 产地 美元兑人民币汇率 涨跌 盘面榨利(元/吨) (美分/蒲) 157. 00 品显 6. 9594 158 0 2025年大豆CNF升贴水走势图-连续月 (美分/蒲式耳) 2025年进口大亨盘面毛利(元/吨) 一巴西2月 一 巴西3月 巴西1月 ====== 巴西4月 · 巴西1月 巴西2月 一巴西3月 ===== 巴西4月 ----- 巴西8月 ----- 巴西6月 ----- 巴西7月 ----- 巴西8月 ==== 巴西6月 ====== 巴西7月 ====== 巴西5月 ==== 巴西5月 400 250 国际数据 200 2 ...
下游挺价,豆粕偏强震荡
Hua Tai Qi Huo· 2026-01-08 05:19
农产品日报 | 2026-01-08 市场要闻与重要数据 期货方面,昨日收盘豆粕2605合约2811元/吨,较前日变动+35元/吨,幅度+1.26%;菜粕2605合约2419元/吨,较前 日变动+29元/吨,幅度+1.21%。现货方面,天津地区豆粕现货价格3140元/吨,较前日变动+30元/吨,现货基差 M05+329,较前日变动-5;江苏地区豆粕现货3110元/吨,较前日变动+40元/吨,现货基差M05+299,较前日变动 +5;广东地区豆粕现货价格3140元/吨,较前日变动跌+30元/吨,现货基差M05+329,较前日变动-5。福建地区菜 粕现货价格2620元/吨,较前日变动+20元/吨,现货基差RM05+201,较前日变动-9。 近期市场资讯,巴西国家商品供应公司作物进展报告称,截止2026年1月3日,巴西2025/26年度大豆播种进度98.2%, 高于一周前的97.9%和五年同期均值97.6%,但低于去年同期的98.5%;收获进度0.1%,低于去年同期的0.2%和五 年同期均值0.6%。 市场分析 当前下游油厂大豆和豆粕库存均维持高位,但由于偏高的进口成本和一季度偏少的到港,使得市场对于近月合约 的预 ...
豆一供需偏紧支撑价格,花生市场交易显平淡
Hua Tai Qi Huo· 2026-01-08 02:57
1. Report Industry Investment Rating - The investment strategy for both soybeans and peanuts is rated as neutral [3][5] 2. Core View of the Report - The soybean market is currently characterized by tight supply and potential demand, with strong short - term upward price momentum due to factors such as traders' reluctance to sell, tight supply of high - protein soybeans, active state reserve auctions, and pre - Spring Festival stocking demand. However, high prices may suppress consumption, and price corrections should be watched out for after the pre - holiday stocking period [2] - The peanut market has an increase in supply, but due to farmers' reluctance to sell and middlemen's price - holding mentality, the overall market trading activity is low. The downstream oil mills' purchase prices are stable but with strict acceptance standards, and food processing enterprises mainly replenish inventory based on rigid demand. Attention should be paid to the downstream stocking rhythm before the Spring Festival [3][4] 3. Summary by Related Catalogs Soybean Market Analysis - **Futures**: The closing price of the soybean No. 1 2605 contract yesterday was 4404.00 yuan/ton, up 128.00 yuan/ton from the previous day, a change of +2.99% [1] - **Spot**: The basis of edible soybean spot is A05 - 4, down 88 from the previous day, a change of 32.14%. Northeast soybean spot prices continued to strengthen yesterday, generally up 20 to 40 yuan/ton. Specific spot prices in different regions of Heilongjiang are provided [1] Strategy - The investment strategy is neutral [3] Peanut Market Analysis - **Futures**: The closing price of the peanut 2603 contract yesterday was 8072.00 yuan/ton, up 10.00 yuan/ton from the previous day, a change of +0.12% [3] - **Spot**: The average spot price of peanuts was 8018.00 yuan/ton, down 18.00 yuan/ton from the previous day, a change of - 0.22%. The spot basis was PK03 - 1072.00, down 10.00 from the previous day, a change of +0.94%. National average prices for various types of peanuts and oil mills' purchase prices are provided [3] Strategy - The investment strategy is neutral [5]
宏观情绪好转,板块整体偏强
Hua Tai Qi Huo· 2026-01-08 02:54
1. Report Industry Investment Ratings - Cotton: Neutral to bullish [2] - Sugar: Neutral [4] - Pulp: Neutral [6] 2. Core Views - Cotton: 25/26 global cotton production and demand both decrease with a slight increase in ending stocks; US cotton has inventory pressure in the short - term, but is in a low - valuation range in the long - term; domestic cotton production increases, demand shows a marginal weakening trend, and medium - long - term cotton prices are expected to fluctuate upward [2] - Sugar: 25/26 global sugar production is abundant with an excess situation; short - term decline space of raw sugar is limited, but the rebound momentum is restricted; long - term sugar prices should not be overly pessimistic; domestic sugar supply pressure remains, and short - and medium - term prices are expected to fluctuate and bottom out [3][4] - Pulp: Overseas supply is disturbed, European demand improves, domestic demand is insufficient but shows marginal improvement; short - term prices are expected to fluctuate strongly, and the upward height depends on demand improvement and port inventory digestion [5][6] 3. Summary by Related Catalogs Cotton - **Market News and Important Data**: Cotton 2605 contract closed at 15,035 yuan/ton yesterday, up 180 yuan/ton or 1.21% from the previous day; 3128B cotton Xinjiang arrival price was 15,574 yuan/ton, up 87 yuan/ton; as of January 3, 2025/26 Brazilian cotton planting was 31.2% complete, up 6.1 percentage points from the previous period and 0.1 percentage points faster than the same period last year [1] - **Market Analysis**: Zhengzhou cotton futures prices fluctuated upward yesterday; globally, 25/26 cotton production and demand both decreased, and US cotton inventory pressure increased. In the short - term, ICE US cotton is under pressure, and in the long - term, it is in a low - valuation range. Domestically, cotton production increased significantly, sales progress accelerated, demand showed a marginal weakening trend [2] - **Strategy**: Neutral to bullish. The annual supply - demand is expected to be balanced, and there is a possibility of tight inventory at the end of the year. Medium - long - term cotton prices are expected to fluctuate upward, but short - term high - level callback risks should be watched out for [2] Sugar - **Market News and Important Data**: Sugar 2605 contract closed at 5,281 yuan/ton yesterday, up 22 yuan/ton or 0.42% from the previous day; Guangxi Nanning sugar spot price was 5,350 yuan/ton, up 10 yuan/ton; Brazil exported 2.913 million tons of sugar and molasses in December, a 2.8% increase from December 2024 [3] - **Market Analysis**: Zhengzhou sugar futures prices fluctuated and closed higher yesterday; globally, 25/26 sugar production is abundant with an excess situation. In the short - term, the decline space of raw sugar is limited, and the rebound momentum is restricted. In the long - term, sugar prices should not be overly pessimistic. Domestically, sugar production is expected to increase for the third year, and supply pressure remains [3] - **Strategy**: Neutral. The domestic fundamental driving force is still downward, and short - and medium - term sugar prices are expected to fluctuate and bottom out [4] Pulp - **Market News and Important Data**: Pulp 2605 contract closed at 5,596 yuan/ton yesterday, down 16 yuan/ton or 0.29% from the previous day; Shandong Chilean silver star softwood pulp spot price was 5,590 yuan/ton, unchanged; the import wood pulp spot market was mainly strong with individual fluctuations [4] - **Market Analysis**: Pulp futures prices were narrowly sorted yesterday. Overseas pulp mills have shutdown and maintenance news. European demand continues to improve, while domestic demand is insufficient, but port inventory has declined recently, and downstream demand is expected to increase marginally [5] - **Strategy**: Neutral. Overseas supply is disturbed, and domestic demand may show a mild recovery. Short - term prices are expected to fluctuate strongly, and the upward height depends on demand improvement and port inventory digestion [6]
宝城期货豆类油脂早报(2026年1月8日)-20260108
Bao Cheng Qi Huo· 2026-01-08 02:46
1. Report Industry Investment Rating - No relevant information provided 2. Core Viewpoints of the Report - The short - term price of soybean meal futures is expected to be oscillating strongly, and the medium - term is expected to be oscillating. The short - and medium - term prices of palm oil and soybean oil futures are expected to be oscillating, and the intraday performance is expected to be oscillating weakly [5][6][7] 3. Summary by Variety 3.1 Soybean Meal (M) - **Price Trend**: Intraday view is oscillating strongly, medium - term view is oscillating, and reference view is oscillating strongly [5] - **Core Logic**: China's purchase of US soybeans boosts US soybean futures prices, but the pressure of Brazil's high - yield still exists. The market focuses on the US Department of Agriculture report next Monday. The short - term rebound space of US soybean futures prices is limited. Domestic oil mills still have soybean meal inventory pressure. After New Year's Day, replenishment by traders and feed mills drives up trading volume. In the short term, soybean meal is boosted by both short - term supply shortage and long - term cost support, so the futures price is oscillating strongly [5] 3.2 Palm Oil (P) - **Price Trend**: Intraday view is oscillating weakly, medium - term view is oscillating, and reference view is oscillating weakly [7] - **Core Logic**: BMD crude palm oil fluctuates in a narrow range. Supported by the rebound of the entire oil and fat sector and the weakening of the ringgit, the decline in crude oil limits the increase; US soybean oil rises. On the one hand, Indonesia's biodiesel policy is less than expected. On the other hand, the market expects that next week's Malaysian palm report may further push up Malaysian palm inventory. Palm oil faces the greatest inventory pressure, and the domestic palm oil inventory continues to rise, highlighting the pressure on palm oil spot and futures prices. In the short term, the palm oil futures price is weaker than other oils and fats and should be treated as oscillating weakly [7] 3.3 Other Information - For soybean meal 2605, factors affecting the price include import soybean cost, import arrival rhythm, oil mill start - up rhythm, and inventory pressure. For soybean oil 2605, factors include US soybean cost support, US biofuel policy, US soybean oil inventory, domestic soybean cost support, supply rhythm, and oil mill inventory. For palm 2605, factors include Malaysian palm production and exports, Indonesia's biodiesel and export policies, EU - related policy changes, domestic arrival and inventory, and substitution demand [6]
2026-01-08:五矿期货农产品早报-20260108
Wu Kuang Qi Huo· 2026-01-08 01:38
1. Report Industry Investment Rating - No information provided in the report 2. Core Viewpoints - For sugar, the international sugar price may rebound after the northern hemisphere finishes harvesting in February and the negative impact of increased production is mostly realized. The downward space for domestic sugar prices is limited in the short - term due to reduced imported sugar supply and low prices [4] - For cotton, although the market has long expected a reduction in Xinjiang's cotton planting area, the price volatility may increase. The supply - demand relationship is balanced, and it is advisable to buy on dips [8] - For protein meal, the bottom of import costs may have been reached, and the current large domestic soybean and soybean meal inventories are supported by negative crushing margins. Protein meal prices follow the general upward trend of commodities [12] - For oils, the current fundamental situation is weak, but the negative soybean crushing margins provide some support. The consumption of total oils in US biodiesel may increase significantly in 2026, and oil prices may be close to the bottom [16][17] - For eggs, the short - term downside of spot prices is limited, but the upside is also restricted. It is advisable to focus on shorting after rebounds from the valuation perspective [19] - For pigs, the short - term upward logic of pig prices is strong, but the medium - term support may collapse. It is advisable to short on rebounds in near - term off - season contracts and pay attention to the support of far - month contracts in the long - term [22] 3. Summary by Commodity Sugar - **Market Quotes**: On Wednesday, Zhengzhou sugar futures prices showed a strong - side oscillation. The closing price of the May contract was 5,281 yuan/ton, up 22 yuan/ton or 0.42% from the previous trading day. Spot prices of sugar from different regions also increased [2] - **Production and Sales Data**: As of January, Guangxi's cumulative sugar production was 1.94 million tons, a year - on - year decrease of 810,000 tons; the sugar production rate was 11.96%, a year - on - year decrease of 0.85 percentage points. Yunnan's cumulative sugar production was 390,000 tons, a year - on - year increase of 65,000 tons [3] Cotton - **Market Quotes**: On Wednesday, Zhengzhou cotton futures prices continued to rise. The closing price of the May contract was 15,035 yuan/ton, up 180 yuan/ton or 1.21% from the previous trading day. The spot price index also increased [6] - **Export and Inventory Data**: As of December 25, the US current - year cotton export sales were 31,100 tons, with cumulative export sales of 1.5193 million tons, a year - on - year decrease of 232,700 tons. As of January 2, the national cotton commercial inventory was 5.29 million tons, a year - on - year increase of 100,000 tons [6] Protein Meal - **Market Quotes**: On Wednesday, protein meal futures prices continued to rise. The closing price of the May soybean meal contract was 2,811 yuan/ton, up 35 yuan/ton or 1.26% from the previous trading day. The closing price of the May rapeseed meal contract was 2,419 yuan/ton, up 29 yuan/ton or 1.21% from the previous trading day [10] - **Export and Inventory Data**: As of December 25, the US exported 1.18 million tons of soybeans in the week, with a cumulative current - year export of 27.7 million tons, a year - on - year decrease of 11.85 million tons. As of January 2, the domestic sample soybean port inventory was 8.23 million tons, a year - on - year increase of 530,000 tons [11] Oils - **Market Quotes**: On Wednesday, oil futures prices rebounded, except for rapeseed oil. The closing price of the May soybean oil contract was 7,958 yuan/ton, up 46 yuan/ton or 0.58% from the previous trading day. The closing price of the May palm oil contract was 8,562 yuan/ton, up 62 yuan/ton or 0.73% from the previous trading day [14] - **Production and Inventory Data**: From January 1 - 5, 2026, Malaysia's palm oil production decreased by 34.48% month - on - month. As of January 2, the domestic three - major oils inventory was 2.08 million tons, a year - on - year increase of 200,000 tons and a week - on - week decrease of 20,000 tons [15] Eggs - **Market Quotes**: Most egg prices in the country rose yesterday. The average price in the main production areas increased by 0.08 yuan to 3.21 yuan/jin. It is expected that today's egg prices will mostly remain stable with a few increasing [18] - **Supply and Demand Situation**: The capacity reduction is slow, and the overall supply is large. However, the late Spring Festival leads to continued stocking sentiment [19] Pigs - **Market Quotes**: The domestic pig price continued to rise yesterday, but the increase narrowed. It is expected that today's pig price will be stable in some areas and slightly decline in others [21] - **Supply and Demand Situation**: Low prices stimulate consumption, the late Spring Festival leads to postponed demand, and the structural shortage of large pigs has contributed to the unexpected rebound of pig prices [22]
棕榈油:等待利空出尽,关注宏观情绪影响豆油:单边区间反弹为主,关注月差机会豆粕:市场情绪影响,暂时观望
Guo Tai Jun An Qi Huo· 2026-01-08 01:21
2026年01月08日 国泰君安期货商品研究晨报-农产品 观点与策略 | 棕榈油:等待利空出尽,关注宏观情绪影响 | 2 | | --- | --- | | 豆油:单边区间反弹为主,关注月差机会 | 2 | | 豆粕:市场情绪影响,暂时观望 | 4 | | 豆一:市场情绪影响,观望 | 4 | | 玉米:关注现货 | 6 | | 白糖:区间整理 | 7 | | 棉花:跟随整体市场情绪波动20260108 | 8 | | 鸡蛋:远月情绪转弱 | 10 | | 生猪:需求存负反馈 | 11 | | 花生:震荡运行 | 12 | 国 泰 君 安 期 货 研 究 所 请务必阅读正文之后的免责条款部分 1 期货研究 商 品 研 究 2026 年 01 月 08 日 棕榈油:等待利空出尽,关注宏观情绪影响 豆油:单边区间反弹为主,关注月差机会 李隽钰 投资咨询从业资格号:Z0021380 lijunyu@gtht.com 【基本面跟踪】 油脂基本面数据 | | 棕榈油主力 | 单 位 元/吨 | 收盘价 (日盘) 8,562 | 涨跌幅 0.73% | 收盘价 (夜盘) 8,594 | 涨跌幅 0.37% | | --- ...
CBOT农产品期货主力合约收盘全线上涨,小麦期货涨1.57%
Mei Ri Jing Ji Xin Wen· 2026-01-07 22:25
Core Viewpoint - The Chicago Board of Trade (CBOT) saw a significant increase in agricultural futures, with all major contracts closing higher on January 7, indicating a positive trend in the agricultural commodities market [1] Group 1: Soybean Futures - Soybean futures rose by 0.92%, closing at 1066.00 cents per bushel, reflecting a strong demand or favorable market conditions [1] Group 2: Corn Futures - Corn futures increased by 0.51%, ending at 446.25 cents per bushel, suggesting a stable market environment for corn producers [1] Group 3: Wheat Futures - Wheat futures experienced a notable rise of 1.57%, closing at 518.50 cents per bushel, indicating potential bullish sentiment in the wheat market [1]