DALIAN – Market news states that China’s organic soybeans exports prices stopped rising, affected by imports of American soybeans. Prices this week are stable, with export prices between USD 1.030 to USD 1.050, FOB China. Exports decreased by 35% compared with the same period last year, mainly affected by the shipping market.
The export market is stable these days, with shipments mainly to overseas markets such as Japan, South Korea, the United States and the Netherlands. Additionally, organic soybeans are welcome by domestic food enterprises and soy products enterprises. Market demand is stable, and the situation of domestic trade demand improved during the last few days.
Current market price in China for organic soybeans
| Product Name | Organic soybeans |
| Type | Non-Gmo |
| Grade | A |
| Moisture | 12% max |
| Package | 25kg paper bag |
| Purity | 99.5% |
| Loading | 22mt /20GP |
| FOB Dalian | USD 1.040/mt |