The vegetable meal will continue the pattern of near strength and weakness

June, domestic rapeseed acquisitions entered the peak season, as of June 25, the main rapeseed production area has acquired a total of 2.429 million tons, an increase of 1.226 million tons over the same period last yearThe main reason is that rapeseed market 5-10 days earlier than last year;dUf
Relatively small press plants, because this year the State Reserve is no longer open to the acquisition of rapeseed, and strictly restrict imported vegetable oil into storage, and four-level vegetable oil serious oversupply, large oil plants overall acquisition attitude cautiousCoastal oil plants, due to downtime, canola storage, Canadian rapeseed stocks and other reasons, the supply of vegetable meal is more tight, may have been due to the supply of improved prices caused by the price in a short period of time difficult to appeardUf
In the third quarter in the aquaculture season, the performance of vegetable meal will be stronger than soybean meal, one is the supply of relative lysomeal tight, and the other is policy supportSpot prices are strong, while the market base difference is high, press losses of about 600 yuan / ton, it is expected that 1309 contracts will still oscillate strong, easy to rise and falldUf
Statistics Canada last month reported 19.7 million acres of crop cultivation, up 600,000 acres from April's report of planting intentions, down 8 percent from last year's record high, but total production is expected to increase by more than 1 million tons due to good weather conditionsUnder the pressure of this news, ICE plus rapeseed prices fell sharply, down 40 Canadian dollars / ton from the beginning of June, china's November ship import costs fell to about 4600 yuan / tonAt the same time, with the rebound of vegetable meal, vegetable oil, imported rapeseed plate pressing profits again turned positive, but also due to the winter for the vegetable meal consumption off-season, 1401 contract late rise space is limiteddUf
In addition, the EU rapeseed harvest ingestion has been fully launchedOil World, a German industry research firm, this week raised its forecast for rapeseed production in the 27-nation European Union to about 20.4 million tons, an increase of 1 million tons from last yearThe consumption of biodiesel in the European Union has been declining year by year since its peak in 2010This has led to a drop in the paris rapeseed to its lowest level since October 2010 Although European rapeseed exports are relatively small, but the European rapeseed premium to add rapeseed fell to a historically low level, or lead to a later EUROPEAN Union from Canada to import rapeseed reduced, more adverse to the seed plate, is conducive to the later import of Chinese enterprises dUf
However, at present is in the traditional U.S bean weather speculation period, because the U.S bean inventory is at a historical low, making the market more sensitive to the new weather speculation, once the weather slightly abnormal changes, will make the domestic soybean meal, vegetable meal plate swings, long-term investors should be careful to pay attention to market sentiment, choose the timing of entry, and do a good job of capital management dUf june, domestic rapeseed acquisitions have entered the peak season, as of June 25, the main rapeseed production area has acquired a total of 2.429 million tons, an increase of 1.226 million tons over the same period last year The main reason is that rapeseed market 5-10 days earlier than last year; dUf
Relatively small press plants, because this year the State Reserve is no longer open to the acquisition of rapeseed, and strictly restrict imported vegetable oil into storage, and four-level vegetable oil serious oversupply, large oil plants overall acquisition attitude cautious Coastal oil plants, due to downtime, canola storage, Canadian rapeseed stocks and other reasons, the supply of vegetable meal is more tight, may have been due to the supply of improved prices caused by the price in a short period of time difficult to appear dUf
In the third quarter in the aquaculture season, the performance of vegetable meal will be stronger than soybean meal, one is the supply of relative lysomeal tight, and the other is policy support Spot prices are strong, while the market base difference is high, press losses of about 600 yuan / ton, it is expected that 1309 contracts will still oscillate strong, easy to rise and fall dUf
Statistics Canada last month reported 19.7 million acres of crop cultivation, up 600,000 acres from April's report of planting intentions, down 8 percent from last year's record high, but total production is expected to increase by more than 1 million tons due to good weather conditions Under the pressure of this news, ICE plus rapeseed prices fell sharply, down 40 Canadian dollars / ton from the beginning of June, china's November ship import costs fell to about 4600 yuan / ton At the same time, with the rebound of vegetable meal, vegetable oil, imported rapeseed plate pressing profits again turned positive, but also due to the winter for the vegetable meal consumption off-season, 1401 contract late rise space is limited dUf
In addition, the EU rapeseed harvest ingestion has been fully launched Oil World, a German industry research firm, this week raised its forecast for rapeseed production in the 27-nation European Union to about 20.4 million tons, an increase of 1 million tons from last year The consumption of biodiesel in the European Union has been declining year by year since its peak in 2010 This has led to a drop in the paris rapeseed to its lowest level since October 2010 Although European rapeseed exports are relatively small, but the European rapeseed premium to add rapeseed fell to a historically low level, or lead to a later EUROPEAN Union from Canada to import rapeseed reduced, more adverse to the seed plate, is conducive to the later import of Chinese enterprises dUf
However, at present is in the traditional U.S bean weather speculation period, because the U.S bean inventory is at a historical low, making the market more sensitive to the new weather speculation, once the weather slightly abnormal changes, will make the domestic soybean meal, vegetable meal plate swings, long-term investors should be careful to pay attention to market sentiment, choose the timing of entry, and do a good job of capital management dUf