Expensive soybeans in Anhui

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In Anhui Province, soybean market prices recently are stable, [swpm_protected visible_to=”logged_in_users_only” custom_msg=’This content is for members only. Please login or sign up now.’] there is less downstream supply, as the traders are more interested in wheat. Trading volume is small because of the high net purchase price of 0.82 EUR/kg. Anhui local, new soybeans are being sown these days, and the sowing isn’t yet finished. Preliminary estimates that the planting area will not increase compared with last year. The weather is fine in the Zhabei area of Bozhou, Anhui Province. The stock of old crop soybeans is mainly sold out. The market is generally stable with only very little business. In Heilongjiang, which is the main production area of soybeans in China, the conditions for the new crop are good. There is enough rain, and the traders are waiting for the end of the sowing will be the result.

Current market price in China for soybean

Mintec Global
Product  Soybean
Type  NON-GMO
Color  Yellow
Purity  99.5 % Min
Package  25kg  Paper Bag
Loading  22Tons / 20GP
FOB Dalian USD 1100/mt

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