Beijing: Beginning in December 2021, the spot price of organic soybeans has been stagnant at a high level, causing traders to fear heights and have a weak willingness to stock up. Farmers are reluctant to sell, and traders are afraid of high prices, making the pace of farmers’ grain sales significantly slower this year. According to the forecast of Soybean World, as of the end of December 2021, there will still be 40-50% of the organic soybean surplus in the grass-roots production area in Heilongjiang and 1-20% in the hands of traders. Overall, there are about 60% of the surplus in Heilongjiang. Continue to monitor market changes.
Current Market Price in China for Chinese Soybean
| Product Name | Chinese Organic Soybean |
| Type | Non-Gmo |
| Grade | A |
| Moisture | 12 % max |
| Package | 25 kg paper bag |
| Purity | 99.5 % |
| Loading | 22 mt / 20 GP |
| Fob Dalian | Usd 1210-1240/mt |
| Delivery | 20 days after the contract |