USA: So far in 2021/22, total U.S. soybean sales to China (shipped and unloaded) are 27.29 million tons, down 23.7% year-on-year. U.S. soybean sales to China in 2022/23 were 5.233 million tons, up 797,000 tons from a week earlier. In March 2022 supply and demand report, the U.S. Department of Agriculture estimated that China’s soybean imports in 2021/22 are expected to be 94 million tons, down from 9,700 tons forecast in February and 5.77% lower than the previous year’s 99.76 million tons.
Current Market Price in China for Chinese Soybean
Product Name | Chinese Organic Soybean |
Type | Non-Gmo |
Grade | A |
Moisture | 12% max |
Package | 25kg paper bag |
Purity | 99.5% |
Loading | 22mt /20GP |
Fob Dalian | Usd 1290-1310/mt |
Delivery | 20 days after the contract |