The U.S. Department of Agriculture's planting intentions report will be released next Tuesday. U.S. soybean futures have adjusted slightly downward, while U.S. soybean oil performed relatively strongly. As the Middle East conflict is unlikely to end in the short term, and with the upcoming announcement of the U.S. RVO total targets at the end of this month, overall support for vegetable oils remains strong. On the domestic futures front, soybean oil has found relatively clear support at the Yuan 8,500/tonne level. In the spot market, the spot basis in East China remains at Yuan 320/tonne for transactions, with some flexible inventory deals available at around Yuan 300/tonne. Buying interest has slightly weakened, and upward momentum after the Qingming Festival is expected to be limited. This week, soybean oil continued to see new export orders, driven by strong buying interest from India for soybean oil, with domestic soybean oil showing notable competitiveness for June-July shipment.