candycrushsagaandroid| Vegetable oil-The United States has not imposed additional tariffs on Chinese waste edible oil, and good rumors have failed

Intercontinental Exchange (ICE) rapeseed futures closed lower on WednesdaycandycrushsagaandroidSuffering from profit-taking. Overnight vegetable oil 2409 contract closed up 0candycrushsagaandroid.13%。Recently, Canadian production areas have experienced beneficial rainfall, which has put pressure on seed prices. In terms of other oilseeds, Malaysia has entered the season of increasing production, and supply pressure has increased, while exports have performed poorly and inventories are expected to increase. The United States has not increased taxes on China's waste edible oil, good rumors have failed, and the Brazilian National Commodity Supply Company (CONAB) unexpectedly raised its forecast for Brazilian soybean production in 2023/24 to 1.candycrushsagaandroid.47685 billion tons, 1.16 million tons or 0.8% higher than the previous month's forecast of 146.52 million tons. The weakening of US soybean oil has dragged down the trend of the domestic oil market. Domestically, the operating rate of oil plants remains high, pressure on vegetable oil output still exists, and oil plant inventories continue to be high, and the market supply is abundant. At the same time, as the temperature rises, the market demand for oils weakens, resulting in weak shipments of vegetable oil, and many traders report that they cannot move goods. The fundamental support of rapeseed oil itself is relatively limited. On the market, the fall in seed prices weakened cost support. Vegetable oil fluctuated within a narrow range overnight, and the spread of vegetable palms widened and continued to be held.

researchercandycrushsagaandroid: Cai Yuehui

Futures qualification number: F0251444

Futures investment consulting certificate number: 20013101

Assistant Researcher: Li Qiurong

Futures qualification number: F03101823

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