Organic Soybean: Chinese organic soybeans are hit by imported soybeans

The latest data from the Department of Foreign Trade of the Ministry of Commerce show that from December 1st to 15th, China’s soybean imports shipped 525,700 tons, down 47.19% year-on-year; this month’s import forecast is 986,100 tons, down 86.41% year-on-year; next month’s import forecast Shipped 823,800 tons, a year-on-year decrease of 87.52%. From December 1st to 15th, the actual arrival to port was 3.0658 million tons, a year-on-year increase of 5.38%; the next forecasted arrival of 3,998,500 tons, a year-on-year decrease of 3.15%; the actual arrival of 7.0642 million tons this month, a year-on-year increase of 0.37%; next month’s forecast The port was 1.0716 million tons, a year-on-year decrease of 90.63%. Imported soybeans have gradually arrived in Hong Kong, which has had a great impact on domestically produced organic soybeans.

Current Market Price in China for Chinese soybean