Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
U.S. Stocks
CFD
U.S. stock CFD derivatives
Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
GUSD
Mint GUSD for Treasury RWA yields
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Rewards
Square
Latest
Hot
News
Profile

Guotai Junan Futures: Before the main rapeseed producing countries experience a substantial decrease in production expectations, the upside potential for rapeseed oil futures remains relatively limited.

K-LinePoet
robot
Abstract generation in progress
ICE Canola Futures strengthen, and concerns about weather in major canola-producing countries drive canola oil futures higher. Recently, supported by sustained high crude oil prices and optimistic expectations for long-term U.S. biodiesel demand, CBOT soybean oil continues to hit new highs, boosting Canadian canola prices and subsequently lifting ICE canola futures. At the same time, slow canola planting progress in Canada, lower-than-expected estimates of new crop planting area and yield in Australia by official sources, and the potential reduction in EU canola production due to high temperatures at the end of May have all occurred simultaneously in major canola-producing countries, triggering market concerns about global canola production for 2026/27. Influenced by these two factors, domestic canola oil futures continued to strengthen this week, reaching a new high for the year, with technical buying further pushing up canola oil futures. In the short term, canola oil futures are expected to remain strong; however, overall supply of canola and vegetable oils globally remains ample. Before substantial reductions in new crop production in major canola-producing countries are confirmed, the upside for canola oil futures is expected to be limited. (Guotai Junan Futures)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap