Chinese Soybean: Soybean market price is stable

Spread the news!

BEIJING: This week, the soybean market in China is generally out of stock, and farmers and traders are reluctant to sell it and look forward to the rise. However, market demand in the sales area is weak, customers have limited ability to accept high prices, and their purchasing enthusiasm is not high.

The soybean market in Heilongjiang is stable but firm, and the shipment speed is not fast. Customers in the sales area purchase on-demand, and the price is expected to be stable in the short term. The soybean market in the Heihe area of Heilongjiang has light shipments, farmers are reluctant to sell them at low prices, and traders have limited stocks.

Mintec Global

Few customers are inquiring about goods in the sales area, and the price is expected to be stable in the short term. Transactions in the sprout bean market in the Baoqing area of Shuangyashan in Heilongjiang are light, and traders are cautious in purchasing. There are not many customers inquiring about goods in the sales area, and the price will be stable in the short term. Pay attention to the soybean market.

Current Market Price in China for Chinese soybean

Product  Name Chinese soybean
Type Non-Gmo
Grade A
Moisture 12% max
Package 25kg paper bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1100/mt
Delivery 20  days after the contract