This week's CBOT soybean futures price*** As of December 28, the main 01 contract tentatively closed at 13115 cents bushel, compared to 11 on Thursday5 cents, up 1%. Under the influence of the speculation of the South American weather market and the Christmas and New Year holidays, the market trading is cautious, and the US beans maintain a narrow range. Domestically, continuous meal follows the operation of the external market, but during the foreign market break, the domestic continuous meal trend is relatively strong, and this week the continuous meal stands at the 3300-point mark. As of December 28**, the main M05 contract closed at 3,360 yuan ton, up 5 yuan ton, or 0., from last Thursday15%。This week, under the influence of Shandong's environmental protection policy, the start-up of some oil mills declined, which increased the market and boosted the sentiment of the spot market. The New Year's Day holiday is approaching, can the downstream stocking sentiment continue?Can the spot ** stabilize**?In this regard, the mysteel agricultural products team launched a comprehensive survey on the market changes next week, covering 34 oil mills, 31 feed companies, 31 first-class businessmen, and 14 investment institution analysts in 17 provinces and cities. The specific results are as follows:
Overall, the bullish proportion of the domestic soybean meal spot market next week increased from 17% last week to 47%, an increase of 30%.The number of people who watched consolidation accounted for 31%, a decrease of 12% from last weekThe proportion of soybean meal that believes that soybean meal will be next week fell to 22% from 40% last week.
Separately, oil mills are bullish on the soybean meal market outlook accounted for 73%, an increase of 49% from last weekThe proportion of people who are looking for consolidation is 21%, a decrease of 17% from last weekThe bearish percentage fell sharply to 6%, a sharp decrease of 32% from last week. This week, the change in the mentality of oil mills is the most obvious, and the bullish atmosphere is strong, mainly due to the impact of environmental protection policies and certificates in the north, and the expectation is to decrease. Superimposed on the current oil mill profit loss is serious, after a continuous deep decline, the oil mill price reluctance to sell sentiment increased, on the occasion of the New Year's Day holiday, the oil mill for the spot ** bullish mentality increased.
In terms of feed companies, the bearish proportion of soybean meal next week has also shrunk, from 55% last week to 35%, the proportion of consolidation has increased from 32% last week to 39%, and the bullish proportion has also increased from 13% last week to 26%. Compared with the situation in last week's feed enterprise mentality survey, feed companies have also changed their mentality towards the soybean meal market in the later period, with a decrease in the bearish proportion and an increase in the bullish ratio. Although most of the current breeding profits are still in a state of loss, in the case of expected reduction in January, the downstream stocking sentiment has improved in the case of low inventory. On the whole, there may be a gap in January, but the downstream demand is still not optimistic, so most feed companies still maintain a cautious attitude.
* On the business side, the bearish proportion of soybean meal** this week was 29%, a decrease of 7% from last week, the proportion of bullish consolidation was 29%, an increase of 19% from last week, and the proportion of bullish also increased from 16% last week to 42%. This week, the bullish proportion of the business sector is also increasing sharply, after several months of continuous losses, the current market is also close to the psychological price of the business, the market dumping mentality is reduced, the position of the business is not much, the oil mill is reluctant to sell to support the bullish confidence of the business, and the bullish proportion of the business has increased significantly this week.
Finally, the view of investment institutions, this week, the proportion of investment institutions for the future market ** bullish has also increased from 14% last week to 43%;The bearish percentage is 14%, a decrease of 22% from last week;The proportion of people who are looking for consolidation is 43%, a decrease of 7% from last week. Investment institutions also believe that there will be a reversal next week, and the expected reduction of environmental protection and oil mill prices will boost the bullish confidence of investment institutions.
Survey description: 1. This survey is a comprehensive survey and analysis of the changes in the market of Mysteel agricultural products every Thursday for the next week.
2. The survey covers 17 major provinces and cities, including Beijing, Shanghai, Shenzhen, Tianjin, Jilin, Liaoning, Hebei, Henan, Shandong, Jiangsu, Hubei, Hunan, Sichuan, Chongqing, Guangdong, Guangxi, and Fujian.
3. The survey sample selected 34 oil mills, 31 feed companies, 31 leading businessmen, and 14 investment institution analysts who have a key impact on the soybean meal market.