Before the emergence of new lido themes or the re-fermentation of old themes, grease may continue to operate weakly

Gold Ten Futures special New Lake Futures comments on oil and oil: Overnight, CBOT soybeans fell, CBOT soybean oil fell even more, and the US soybean oil contract fell by 2.4% in July. The current Brazilian RS state flood impact is still, AgResource estimates that the state will have 1.78 million tons of soybean production loss. Estimated output loss seems small for the time being, coupled with tonight USDA May report will be released, US soybean exports are still weak, short-term CBOT soybean rising sentiment further cooled, yesterday domestic soybean meal reduction down. Today's domestic oil continued to increase and decline, the decline was greater than soybean meal. MPOB4 inventories may increase slightly at noon today. At night, USDA reported that the initial estimate of new soybean production will increase. Coupled with the short-term domestic new production of many rapeseed and palm oil to buy ships, short-term oil will weaken again. Pay attention to whether the falling sentiment in the oil market can stabilize next week. Before the emergence of new bullish themes or the re-fermentation of old themes, oil may continue to operate weakly.