According to the Commodity Market Analysis System of SunSirs, the domestic soybean market has rebounded since June. At the beginning of the month, the average market price of domestic soybeans was 5,250 RMB/ton; On June 27th, the average market price of domestic soybeans was 5,312 RMB/ton, with a price increase of 1.18%.

Since June, due to the relatively tight supply of domestic soybeans in the main production areas, traders have mainly raised prices, with average market transactions and a slight increase in the market. The market quotation for domestic soybeans in the main production areas has continued to be around 2.65 RMB/500g, with a slight increase in the market and overall stability.

Starting from the middle of the year, the supply of domestic soybeans in the new season is tight, and traders are mainly pushing prices. The domestic soybean market continues to strengthen, with mainstream prices ranging from 2.65 to 2.68 RMB/500g. The weather is hot, and the demand for terminal soybean products is still good. The domestic soybean market has improved in transactions, with flat sales and high market performance. On June 20th, the national reserve soybean auction officially started, and the market supply pressure doubled, while the soybean market remained stable.

SunSirs agricultural product analyst believes that in July, the demand for terminal soybean products remained flat, and the domestic soybean market in the future may be mainly weak.

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