State Grain and Oil Information Center news on January 14: On January 13, the main soybean meal contract of Dalian Commodity Exchange 2205 closed down 12% to 3243 yuan / ton, and the price of 43% protein soybean meal in coastal areas was 3570 ~ 3680 yuan / ton, compared with the previous day. Fluctuates 10-20 yuan/ton. The main rapeseed meal 2205 contract on the Zhengzhou Commodity Exchange fell 0.34% to 2946 yuan/ton, and the common rapeseed meal in coastal areas was 2920-3010 yuan/ton, basically unchanged from the previous day.

This week, the price of domestic soybean and rapeseed meal futures fluctuated and adjusted, the spread fluctuated within a narrow range, and the spot spread expanded. On January 13, the price difference of the main 2205 contract soybean and rapeseed meal was 297 yuan/ton, which was the same as the same period last week, and decreased by 10 yuan/ton month-on-month and 324 yuan/ton year-on-year; Yuan / ton. The spot price difference of soybean and rapeseed meal in coastal areas is 580-610 yuan/ton, an increase of 40-60 yuan/ton on a week-on-week basis.

On January 13, the main soybean oil contract on the Dalian Commodity Exchange closed up 0.66% to 9,118 yuan/ton, the main palm oil contract rose 0.76% to 8,982 yuan/ton, and the main vegetable oil contract on the Zhengzhou Commodity Exchange fell 0.49% to 11,894 yuan/ton. The price of first-grade soybean oil in coastal areas is 9760-10120 yuan/ton, up 20-50 yuan/ton from the previous day; the price of palm oil is 10100-10220 yuan/ton, up 80-100 yuan/ton from the previous day; the fourth-grade rapeseed oil The quotation is 12,450-12,660 yuan / ton, which is basically the same as the previous day.

This week, the price trend of domestic oil and fat is stronger than that of meal, and the ratio of oil to meal has increased. On January 13, the oil-meal ratio of the main 2205 contract on DCE was 2.812, up 0.034 week-on-week, 0.129 month-on-month, and 0.698 year-on-year; the oil-meal ratio of the 2209 contract was 2.698, up 0.027 week-on-week; the spot oil-meal ratio in coastal areas was 2.715-2.757, weekly The chain increased by 0.003 to 0.016.

Due to the dry weather in some soybean producing areas in South America, the price of U.S. soybeans has gone out of a wave of rising prices. With the digestion of the weather hype, it is expected that the short-term U.S. soybeans will continue to have limited momentum, and the cost-side support for soybean meal prices will weaken. Recently, the global palm oil market has continued to release bullish signals. The rise in palm oil prices has driven the price of related oils and fats to strengthen; the weather conditions in South America are not good, soybean production is expected to be lowered, and crude oil prices continue to rise, which also supports oil prices. In the short term, it is difficult for the global oil and fat market to have a big negative. It is expected that the short-term domestic oil meal prices will follow the shock adjustment trend of the external disk, and the oil meal ratio will fluctuate within a narrow range.