<p>巴黎，2 月 3 日（路透社）- 週二，歐洲小麥期貨從兩個月高點小幅回落，因歐元兑美元回升，交易員評估更廣泛商品市場的波動性。</p>
<p>3 月小麥（BL2H6），在 Euronext 巴黎期貨市場上最活躍的合約，收盤下跌 0.1%，報 193.25 歐元（228.38 美元）每公噸。</p>
<p>該合約早些時候達到自 11 月 20 日以來的最高點 194.75 歐元，略高於上週五的兩個月高點。由於前一天商品市場的下滑減弱，糧食市場早些時候受到原油和貴金屬反彈的支撐。</p>
<p>然而，隨着美元的反彈減弱，歐元（EUR=）對美元的後續上漲抑制了 Euronext，使得西歐糧食在海外變得更加昂貴。</p>
<p>鑑於埃及和摩洛哥等主要進口市場之間不同出口來源的激烈競爭，交易員們正在關注糧食期貨和匯率的變動。</p>
<p>市場傳言埃及對黑海和法國來源的小麥需求穩定。</p>
<p>交易員表示，在過去一週，至少有兩批 11.5% 蛋白的小麥被售往埃及，成本和運費（c&amp;f）約為 245-250 美元，預計近期運往地中海港口。</p>
<p>交易員還提到，最近有傳言稱幾批法國小麥已被售往埃及，計劃在 2 月/3 月裝船，此外還有兩艘船將在法國北部的敦刻爾克港裝船。</p>
<p>一位德國交易員表示：“法國和黑海的價格在重要的埃及市場上目前在 c&amp;f 方面非常接近。黑海仍然有小幅價格優勢，但這可能會因匯率和 Euronext 的變動而迅速消失。”</p>
<p>交易員表示，埃及對烏克蘭 11.5% 蛋白小麥的採購興趣在週二再次報告，價格約為 246-247 美元每噸 c&amp;f，由於俄羅斯物流的冬季干擾，採購興趣轉向烏克蘭。根據歐盟的數據，自 2025/26 年度自 7 月開始，歐盟軟小麥出口截至 2 月 1 日已達到 1282 萬噸，與去年持平。</p>
<p>然而，考慮到官方數據中的差距，分析師估計歐盟的出口水平遠高於上個季度。</p>
<p>（1 美元 = 0.8462 歐元）</p>

小麥期貨基金 - Teucrium

2 倍做多小麥 ETF - Teucrium

歐元 做多 - CurrencyShares

<p>歐洲小麥期貨在達到兩個月高點後下跌 0.1%，至每公噸 193.25 歐元。歐元對美元的升值使得歐洲穀物對海外買家變得更加昂貴。交易員們密切關注穀物期貨和匯率，因為埃及和摩洛哥等主要進口市場的競爭加劇。最近的報告顯示，埃及對黑海和法國小麥的需求穩定，自 2025 年 7 月以來，歐盟軟小麥出口保持在 1282 萬噸的穩定水平。分析師表示，歐盟的出口可能高於上個季度的水平</p>

<p>PARIS, Feb 3 (Reuters) - European wheat futures ticked down on Tuesday from a two-month high as the euro regained ground against the dollar and traders assessed volatility in wider commodity markets.</p>
<div class="lb-trans"><p>巴黎，2 月 3 日（路透社）- 週二，歐洲小麥期貨從兩個月高點小幅回落，因歐元兑美元回升，交易員評估更廣泛商品市場的波動性。</p>
</div><p>March milling wheat (BL2H6) , the most active position on Euronext’s Paris-based futures market, settled 0.1% down at 193.25 euros ($228.38) a metric ton.</p>
<div class="lb-trans"><p>3 月小麥（BL2H6），在 Euronext 巴黎期貨市場上最活躍的合約，收盤下跌 0.1%，報 193.25 歐元（228.38 美元）每公噸。</p>
</div><p>The contract earlier reached its highest since November 20 at 194.75 euros, slightly above a previous two-month high from Friday. Grain markets earlier gained support from a rebound in crude oil and precious metals as the previous day’s slide in commodity markets subsided.</p>
<div class="lb-trans"><p>該合約早些時候達到自 11 月 20 日以來的最高點 194.75 歐元，略高於上週五的兩個月高點。由於前一天商品市場的下滑減弱，糧食市場早些時候受到原油和貴金屬反彈的支撐。</p>
</div><p>However, a later rise in the euro (EUR=) against the dollar as a rally in the U.S. currency petered out, curbed Euronext by making western European grain more expensive overseas. (FRX/)</p>
<div class="lb-trans"><p>然而，隨着美元的反彈減弱，歐元（EUR=）對美元的後續上漲抑制了 Euronext，使得西歐糧食在海外變得更加昂貴。</p>
</div><p>Traders were monitoring movements in grain futures and exchange rates, given stiff competition between different export origins in major import markets such as Egypt and Morocco.</p>
<div class="lb-trans"><p>鑑於埃及和摩洛哥等主要進口市場之間不同出口來源的激烈競爭，交易員們正在關注糧食期貨和匯率的變動。</p>
</div><p>There was market talk of steady Egyptian demand for Black Sea and French origins.</p>
<div class="lb-trans"><p>市場傳言埃及對黑海和法國來源的小麥需求穩定。</p>
</div><p>At least two shipments of Ukrainian 11.5% wheat were sold to Egypt in the past week at about $245-$250 cost and freight (c&amp;f) for near-term shipment to Mediterranean ports, traders said.</p>
<div class="lb-trans"><p>交易員表示，在過去一週，至少有兩批 11.5% 蛋白的小麥被售往埃及，成本和運費（c&amp;f）約為 245-250 美元，預計近期運往地中海港口。</p>
</div><p>Traders also cited rumours that several cargoes of French wheat had been sold recently to Egypt for February/March shipment, in addition to two vessels due to load at the northern French port of Dunkirk.</p>
<div class="lb-trans"><p>交易員還提到，最近有傳言稱幾批法國小麥已被售往埃及，計劃在 2 月/3 月裝船，此外還有兩艘船將在法國北部的敦刻爾克港裝船。</p>
</div><p>“French and Black Sea prices are currently very close in c&amp;f terms in the important Egyptian market,” one German trader said. “The Black Sea still has a small price lead, but this could be quickly cut away by exchange rate and Euronext moves.”</p>
<div class="lb-trans"><p>一位德國交易員表示：“法國和黑海的價格在重要的埃及市場上目前在 c&amp;f 方面非常接近。黑海仍然有小幅價格優勢，但這可能會因匯率和 Euronext 的變動而迅速消失。”</p>
</div><p>Egyptian purchase interest for Ukrainian 11.5% protein wheat was again reported on Tuesday at around $246-$247 a ton c&amp;f, with winter disruption to Russian logistics transferring purchase interest to Ukraine, traders said. European Union soft wheat exports since the start of the 2025⁄26 season in July had reached 12.82 million metric tons by February 1, unchanged from a year earlier, EU data showed on Tuesday.</p>
<div class="lb-trans"><p>交易員表示，埃及對烏克蘭 11.5% 蛋白小麥的採購興趣在週二再次報告，價格約為 246-247 美元每噸 c&amp;f，由於俄羅斯物流的冬季干擾，採購興趣轉向烏克蘭。根據歐盟的數據，自 2025/26 年度自 7 月開始，歐盟軟小麥出口截至 2 月 1 日已達到 1282 萬噸，與去年持平。</p>
</div><p>However, after taking into account gaps in the official data, analysts estimate that EU exports are running well above last season’s level.</p>
<div class="lb-trans"><p>然而，考慮到官方數據中的差距，分析師估計歐盟的出口水平遠高於上個季度。</p>
</div><p>($1 = 0.8462 euros)</p>
<div class="lb-trans"><p>（1 美元 = 0.8462 歐元）</p>
</div>

歐盟小麥價格從兩個月來的高點略有回落