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Supply and Demand Situation of Soybean

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Beijing: This month’s forecast of the Chinese soybean supply and demand situation in 2022 / 23 is consistent with last month. In China, the post-holiday market transactions have been resumed, the downstream replenishment demand is strong. The supply of domestic soybeans is sufficient, and the price is expected to run smoothly in the short term.

Internationally, Argentina is expected to reduce production due to the impact of dry weather, but Brazil, Paraguay and other countries are expected to increase soybean production strongly, and the global soybean supply remains loose. It is expected that imported soybean prices will fluctuate in the short term due to the impact of South American weather.

Mintec Global

Current Market Price in China for Chinese Soybean

Product  Name Chinese organic soybean
Type Non-Gmo
Grade A
Moisture 12% max
Package 25kg paper bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1000-1020/mt
Delivery 20 days after the contract

Import/Export Statistics

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