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SunSirs: Purchase and Sales are Sluggish before Spring Festival, China Domestic Soybean Market remains Stable
February 06 2024 14:26:01SunSirs(Selena)

According to the analysis system of the commodity market of SunSirs, on the eve of the Spring Festival, the purchase and sales of domestically produced soybeans are nearing their end, and the market continues to remain stable, with mainstream prices around 2.38 RMB/500g.

The Chinese New Year is approaching, and the domestic soybean market is running steadily

Since February, the stock market for terminal soybean products has basically come to an end, and market purchases and sales are nearing their end. The domestic soybean market has remained stable, with mainstream quotes of 2.38 RMB/500g, and the market continues to operate weakly.

Agricultural product analysts from SunSirs believe that it will take time for the purchase and sales of domestic soybeans to recover after the holiday, and the domestic soybean market will remain stable.

 

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