Domestic Soybean Price on Jan. 4

By CnAgri2013-01-10 10:09:44 Print Soybeans: domestic soybean purchasing price increased slightly this week. The amount of purchased soybeans was far less than last year and supply for domestic soybean was more and more tight.  Price for domestic soybeans shall keep high. As for imported soybean, port distribution price went stable with slight decrease affected by the fact that China cancelled orders for American soybeans. But soybean stock in port decreased 320,000MT compared with days before New year and with high operating rate of oil enterprises, distribution price of soybean in port is predicted to be stable.(Figure 10)

   

From “China Oil and Oilseeds Market Weekly Report”