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May 22pennslammer37500, the operating rate of domestic oil plants has rebounded, and soybean oil inventories have steadily increased. As of May 17, soybean oil stocks in major domestic oil mills in coastal areas surged to 820,000 tons, an increase of 30,000 tons compared with last week and an increase of 60,000 tons compared with the previous month. Compared with the same period last year and the three-year average, it is 140,000 tons and 70,000 tons higher respectively, reflecting the mid-to-high level in the same period in history (domestic soybean oil stocks continue to rise, reaching 820,000 tons). It is forecast that domestic soybean oilpennslammer37500The inventory cycle of the company usually lasts from April to August every year, and this year's inventory trend will maintain this normal. Combined with shipping schedule monitoring data, the arrival of imported soybeans in Hong Kong is expected to reach 10.5 million tons in June, 10 million tons in July, and 8.5 million tons in August. With the concentration of soybean arrivals in Hong Kong, it is expected that the weekly crushing volume of oil mills will remain at a high level of 2 million tons in June, further promoting the rise of domestic soybean oil stocks. It is expected that inventories will exceed 900,000 tons by the end of July, ensuring domestic soybean oil supply adequacy. [Soybean oil stocks are expected to exceed 900,000 tons by the end of July, and abundant supply reassures the market.]