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Prices Expected to Stabilise for Chinese Soybeans

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BEIJING: This month domestic Chinese soybean processing enterprises continue to rise while last month the enthusiasm to purchase domestic new beans was low. This month, the soybean price in northeast China partially rose, due to the large surplus in the producing area, and the manufacturers were cautious in purchasing. Imports, domestic new beans and old beans were all accepted, which was essentially unchanged from last month. March domestic soybean prices are forecast to be broadly stable.

Mintec Global

Current Market Price in China for 2020 Crop Soybean

Product  Chinese Soybean
Type  NON-GMO
Color  Yellow
Purity  99.5 % Min
NON GMO
Package  25kg  Paper Bag
Loading  22Tons / 20GP
FOB Dalian USD 920-940/Mt

Import/Export Statistics

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