截至发稿，暂未看到俄罗斯官方公开对上述消息作出回应。 【环球网报道 记者 张江平】综合《乌克兰真理报》等媒体5日报道，俄罗斯对乌克兰境内一家属于美国 企业的工厂发动了无人机空袭。 乌克兰外长瑟比加当地时间5日在社交媒体上发帖称，俄罗斯发动的袭击对乌克兰境内一家生产葵花籽 油的工厂造成破坏，该工厂属于一家美国企业。瑟比加指责俄方"曾多次试图袭击该设施"。 ...

齐鲁晚报.齐鲁壹点记者王颖颖 在12月26日举办的"'十四五'时期山东建设'齐鲁粮仓'新进展"新闻发布会上，山东省粮食和储备局党组书记、局长常绪扩介绍，"十四五"期间，山东把粮 食产业作为工作的重要方面，坚定不移做大做强，取得了显著成效。 科技赋能，激活产业创新动能。实施"粮芯计划"，以科技突破破解产业升级瓶颈，国家粮食和物资储备局认定的小麦、玉米、大豆、高油酸花生油、副产 物食用资源利用五大技术创新中心落地山东，85个省级以上科创平台覆盖全产业链，累计科技投入66.8亿元，开展研发项目1136个，获专利1254项。加快 关键技术突破创新，滨州中裕公司率先从小麦副产物中提取阿拉伯木聚糖，填补国内空白；金胜粮油公司"高油酸花生高质化加工技术"获山东省科技进步 一等奖；长寿花食品公司攻克甘油二酯油生产壁垒，推出甘油二酯含量在40%到80%之间的新型功能性食用油；玉米果糖高效分离技术达到国际先进水 平。聚焦产业数字化升级，建成"好粮有网"互联网平台，遴选12家数字化转型先导企业，引领粮食行业数字化转型。 全链升级，推动"三链协同"发展。延伸产业链，聚焦粮食精深加工与循环利用，粮食深加工产品达600余种，粮食副产物利 ...

Core Insights - The State Administration for Market Regulation (SAMR) is conducting a crackdown on issues related to edible vegetable oils, with a focus on illegal practices such as adulteration, false labeling, and the use of substandard materials, resulting in the investigation of 2,581 entities and fines totaling 69.64 million yuan [1] Group 1: Regulatory Actions - In July 2025, the market regulatory authority in Qujing City, Yunnan Province, found a local edible oil company guilty of adulteration and false labeling, leading to administrative penalties totaling 2.6538 million yuan and a five-year industry ban for responsible individuals [2] - The market regulatory authority in Nanning, Guangxi Zhuang Autonomous Region, discovered a company adding a harmful chemical substance to edible oil, which led to a criminal investigation for producing and selling toxic food [3] - In April 2025, the Shaanxi Provincial Market Regulation Bureau investigated a company in Xi'an for adulterating its products with cottonseed oil, resulting in illegal gains of 24.8038 million yuan and subsequent criminal referral [4]

棕榈油年报 2025 年 12 月 12 日 生柴政策存变数 棕榈油宽幅震荡 核心观点及策略 投资咨询业务资格 沪证监许可【2015】84 号 李婷 从业资格号：F0297587 投资咨询号：Z0011509 黄蕾 从业资格号：F0307990 投资咨询号：Z0011692 高慧 从业资格号：F03099478 投资咨询号：Z0017785 王工建 从业资格号：F3084165 投资咨询号：Z0016301 赵凯熙 从业资格号：F03112296 投资咨询号：Z0021040 何天 从业资格号：F03120615 投资咨询号：Z0022965 敬请参阅最后一页免责声明 1/15 | 一、油脂市场行情回顾 4 | | --- | | 1.1 油脂市场走势 4 | | 二、基本面分析 6 | | 2.1 MPOB 报告 6 | | 2.2 马棕产量和出口 7 | | 2.3 印度尼西亚情况 8 | | 2.4 印度植物油进口 9 | | 2.5 中国油脂进口 10 | | 2.6 国内油脂库存 12 | | 三、总结与后市展望 13 | 要点 要点 要点 ⚫ 2025年1-11月棕榈油价格加权指数处于涨跌，再次涨 ...

当地时间11月29日，俄罗斯新罗西斯克附近的里海管道联盟石油码头遭到乌克兰无人艇攻击。里海管道 联盟表示，袭击导致码头2号系泊装置严重损毁，码头运营一度中断。 【文/观察者网 陈思佳】近日，乌克兰持续在黑海海域攻击与俄罗斯有关的能源设施和油轮，俄罗斯则 威胁要扩大对乌克兰港口和船舶的打击范围，引发国际社会担忧。据路透社12月4日报道，土耳其已呼 吁俄罗斯和乌克兰将能源设施排除在打击目标之外，确保能源供应不会中断。 土耳其能源部长阿尔帕斯兰·巴伊拉克塔尔3日表示："希望这场可怕的战争能结束。但就目前而言，我 们要对所有相关方——俄罗斯和乌克兰强调，应当让能源设施远离冲突。我们需要保证能源供应不会被 打断。"他强调，里海管道联盟等能源设施应该得到保护。 乌克兰总统泽连斯基上个月曾访问安卡拉，与土耳其总统埃尔多安会面。谈及这次会面的细节，巴伊拉 克塔尔表示："我们和泽连斯基讨论的话题，当然包括他们请求我们协助向乌克兰供应天然气。" 巴伊拉克塔尔称，土耳其油气管道运营商博塔斯公司正与乌克兰国家天然气公司讨论相关问题，乌克兰 和希腊也有类似的计划。他没有透露更多细节，但他表示，乌克兰拥有"巨大的地下储存能力"，这意味 ...

油脂油料早报 研究中心农产品团队 2025/12/03 隔 夜 市 场 信 息 ： SGS：马来西亚11月棕榈油出口量环比减少39.21% 船货检验机构SGS发布的数据显示，马来西亚2025年11月棕榈油产品出口量为779,392吨，较上月的1,282,036吨减 少39.21%。 印度11月棕榈油进口增加，因豆油及葵花籽油购买量下降 五家经销商表示，印度11月份棕榈油进口量略有上升，原因是价格下跌促使炼油商增加购买棕榈油，同时减少购买 更昂贵的豆油和葵花籽油。 据经销商估计，11月份棕榈油进口量环比增长4.6%，至63万吨。与此同时，据经销商估计，豆油进口量下降12%， 至40万吨，葵花籽油进口量下降44%，至14.5万吨，为两年低点。 数据显示，由于豆油和葵花籽油进口减少，印度11月份食用油进口总量较上月下滑11.5%，至118万吨，为七个月低 点。 主要食用油进口商PatanjaliFoodsLtd副总裁AashishAcharya称，印度买家正在增加近一个月船期的棕榈油的购买 量，因为棕榈油比竞争对手豆油每吨便宜近100美元。他表示："12月份，棕榈油进口量可能进一步上升至75万吨。" 据经销商估计， ...

土耳其海事总局12月2日说，一艘货轮在距离土耳其海岸线80海里处遭到袭击。另据俄罗斯媒体报道， 遇袭货轮是俄罗斯船只。 （文章来源：新华社） 土耳其海事总局当天在社交媒体上说，遇袭货轮名为MIDVOLGA－2，载有葵花籽油，计划从俄罗斯开 往格鲁吉亚，船上人员无人受伤。目前，该货轮正向土耳其黑海沿岸城市锡诺普航行。海事总局未说明 货轮遇袭的具体细节。 ...

Report Industry Investment Rating - The investment strategy for both soybeans and peanuts is rated as neutral [2][3] Core Viewpoints - The market demand for oilseeds is weak, and the prices are stable. The trading of soybeans and peanuts is light, with prices under pressure and mainly showing a volatile trend [1][2] Summary by Related Catalogs Soybean - **Market Analysis** - Futures: The closing price of the soybean 2601 contract was 4108.00 yuan/ton, a change of -42.00 yuan/ton from the previous day, a decrease of -1.01% [1] - Spot: The edible soybean spot basis was A01 - 8, a change of +42 from the previous day, an increase of 32.14%. The prices of soybeans in Northeast China were stable, but the trading of grain traders was light, and the prices still faced pressure. In the inner - region producing areas, high - quality soybeans commanded high prices, and the purchase prices of grain trading enterprises were firm, but downstream buyers were reluctant to accept high - priced goods, and the purchasing and selling rhythm was slow [1] - Market Information: The loading prices of national standard first - class soybeans with 39% protein in various markets in Heilongjiang remained unchanged compared with the previous day [1] Peanut - **Market Analysis** - Futures: The closing price of the peanut 2601 contract was 7942.00 yuan/ton, a change of +98.00 yuan/ton from the previous day, an increase of +1.25% [2] - Spot: The average spot price of peanuts was 8250.00 yuan/ton, a change of +10.00 yuan/ton from the previous day, an increase of +0.12%. The spot basis was PK01 - 942.00, a change of -98.00 from the previous day, an increase of 11.61% [2] - Market Information: The prices of domestic first - class ordinary peanut oil and small - pressed fragrant peanut oil remained unchanged. Among related oils, the spot price of national first - class sunflower oil decreased by 100 yuan/ton, and the price difference with peanut oil increased by 100 yuan/ton; the spot price of first - class corn oil remained unchanged, and the price difference with peanut oil remained the same. Currently, the inventory of oil mills in the market is not high, but consumption is limited, the market trading is light, and the upward momentum is insufficient, so the prices are mainly volatile [2]

Report Summary 1. Report Industry Investment Rating No relevant information provided. 2. Core Views - Palm oil lacks driving forces and will mainly move in a sideways pattern [5]. - With the stabilization of US soybeans, the spread between soybean oil and palm oil will continue to widen [5]. 3. Summary by Related Catalogs 3.1 Fundamental Tracking - **Futures Data**: - Palm oil主力: closed at 8,752 yuan/ton during the day session with a 0.09% increase, and 8,712 yuan/ton at night with a -0.46% decrease. Trading volume was 652,768 lots, an increase of 256,393 lots, and open interest was 409,209 lots, a decrease of 10,095 lots [3]. - Soybean oil主力: closed at 8,316 yuan/ton during the day session with a 0.34% increase, and 8,328 yuan/ton at night with a 0.14% increase. Trading volume was 278,949 lots, an increase of 42,242 lots, and open interest was 464,244 lots, an increase of 8,824 lots [3]. - Rapeseed oil主力: closed at 9,975 yuan/ton during the day session with a 1.37% increase, and 9,982 yuan/ton at night with a 0.07% increase. Trading volume was 260,760 lots, an increase of 64,851 lots, and open interest was 237,907 lots, an increase of 15,923 lots [3]. - Malaysian palm oil主力: closed at 4,126 ringgit/ton during the day session with a 0.02% increase, and 4,128 ringgit/ton at night with a 0.07% increase [3]. - CBOT soybean oil主力: closed at 50.53 cents/pound during the day session with a -0.79% decrease [3]. - **Spot Data**: - 24 - degree palm oil in Guangdong: spot price was 8,570 yuan/ton, a decrease of 50 yuan/ton [3]. - First - grade soybean oil in Guangdong: spot price was 8,610 yuan/ton, unchanged [3]. - Fourth - grade imported rapeseed oil in Guangxi: spot price was 10,330 yuan/ton, an increase of 120 yuan/ton [3]. - Malaysian palm oil FOB offshore price: 1,045 dollars/ton, unchanged [3]. - **Basis Data**: - Palm oil (Guangdong): basis was -182 yuan/ton [3]. - Soybean oil (Guangdong): basis was 294 yuan/ton [3]. - Rapeseed oil (Guangxi): basis was 355 yuan/ton [3]. - **Spread Data**: - Rapeseed - palm oil futures主力 spread: 1,223 yuan/ton, compared with 1,096 yuan/ton two trading days ago [3]. - Soybean - palm oil futures主力 spread: -436 yuan/ton, compared with -456 yuan/ton two trading days ago [3]. - Palm oil 1 - 5 spread: -102 yuan/ton, compared with -90 yuan/ton two trading days ago [3]. 3.2 Macro and Industry News - Indonesia's palm oil production from January to September this year exceeded 43 million tons, a year - on - year increase of 11%, and exports were about 25 million tons, a year - on - year increase of 13.4% [4]. - Indonesia is considering a plan to increase the oil palm plantation area by 600,000 hectares starting next year, including providing 400,000 hectares of "Plasma mode" oil palm plantations for small farmers [6]. - Indonesia will launch the B50 biodiesel road test in early December, and the government is considering whether to implement the B50 mandatory standard only in specific areas. It plans to implement the B50 blending standard in the second half of next year, up from 40% this year [6]. - Due to the implementation of the B50 biodiesel blend fuel, Indonesia's palm oil exports in 2026 may decline by 11% - 12% [6]. - India's palm oil imports in October were 602,381 tons, down from 833,017 tons in September. In the 2024/25 fiscal year, palm oil imports were 7.58 million tons, lower than 9.01 million tons in the same period last year. The proportion of palm oil in India's vegetable oil imports in the 2024/25 fiscal year fell below 50% for the first time [7]. - CONAB expects Brazil's soybean production in the 2025/26 season to reach 177.6016 million tons, a year - on - year increase of 6.1199 million tons or 3.6%; the sown area to reach 49.0634 million hectares, a year - on - year increase of 1.7169 million hectares or 3.6%; and the yield per hectare to be 3.62 tons, a year - on - year decrease of 2.0 kg or 0.1% [8]. - IBGE expects Brazil's soybean planting area in 2025 to be 47.676233 million hectares, roughly the same as last month's forecast and a 3.6% increase from last year; the production to be 165.913102 million tons, the same as last month's forecast and a 14.5% increase from last year. The soybean production forecast for 2026 is 167.683455 million tons, a 1.1% increase from the 2025 forecast [8]. - Brazil exported 942,502 tons of soybeans, 433,164 tons of soybean meal, and 1,602,174 tons of corn last week (November 2 - 8). This week (November 9 - 15), it plans to export 1,361,184 tons of soybeans, 594,397 tons of soybean meal, and 1,600,468 tons of corn [8]. 3.3 Trend Intensity - Palm oil trend intensity: 0 - Soybean oil trend intensity: 0 Note: The trend intensity ranges from -2 to 2, with -2 being the most bearish and 2 being the most bullish [9].

Report Industry Investment Rating - Not provided Core Viewpoints - The report presents a comprehensive overview of the global oilseeds and oils market, including export sales data from the US, production forecasts from Brazil, import data from India, and policy developments in Indonesia [1] Summary by Related Catalogs Overnight Market Information - For the week ending September 25, US current - market - year soybean export sales net increased by 870,500 tons, with 0 tons for the next - year; export shipments were 611,300 tons; new sales were 936,900 tons for the current year and 0 tons for the next [1] - For the same week, US current - market - year bean meal export sales net decreased by 216,200 tons (372% less than the previous week and 718% less than the four - week average), next - year net increased by 623,500 tons; export shipments were 289,300 tons (27% more than the previous week and 13% more than the four - week average); new sales were 68,600 tons for the current year and 675,000 tons for the next [1] Brazil's Soybean Production Forecasts - CONAB predicts Brazil's 2025/26 soybean production at a record 177.6 million tons (slightly lower than October's 177.67 million tons), planted area at 49.06 million hectares (down from October's 49.08 million hectares), and exports at 112.1 million tons (5.11% more than the previous year) [1] - IBGE forecasts Brazil's 2025 soybean production at 165.913102 million tons (14.5% more than the previous year), planted area at 47.676233 million hectares (3.6% more than the previous year), and 2026 production at 167.683455 million tons (1.1% more than 2025) [1] India's Oil Imports - In October, India's palm oil imports dropped 28% to 602,381 tons, soybean oil imports fell 17% to 454,619 tons, sunflower oil imports declined 5% to 260,548 tons, and total vegetable oil imports decreased 21% to 1.33 million tons [1] - In the 2024/25 season, India's vegetable oil imports reached 16.36 million tons (higher than the previous year's 16.23 million tons), palm oil imports were 7.58 million tons (lower than the previous year's 9.01 million tons), soybean oil imports were 5.47 million tons (higher than the previous year's 3.44 million tons), and sunflower oil imports were 2.94 million tons (lower than the previous year's 3.5 million tons) [1] Indonesia's Policies - Indonesia will start B50 biodiesel road tests in early December and plans to implement the B50 blending standard in the second half of next year (up from 40% this year) to reduce import fuel dependence [1] - Indonesia's palm oil exports may drop 11% - 12% in 2026 due to the B50 policy [1] Spot Prices - Spot prices for various products such as soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu from November 7 to 13, 2025 are provided [4]