According to SunSirs monitoring: after the National Day, the domestic soybeans in the new season will be listed successively, and the open scale price is 2.1 yuan/500g. After the soybeans are fully listed, the price has risen step by step, until it is the same as the high price of the old beans in 2019, and the price is close to 2.6 yuan/500g. Create a new high. As of December 21, the average market price of domestic soybeans was 5,100 yuan/ton, which has risen by more than 21% compared with that after the National Day.

According to the Heilongjiang Soybean Week K-Column Chart from October to December 2020, it can be seen that the old and new soybeans alternate. After the open-scale price of domestic soybeans in 2020 has fallen sharply, except for two weekly increases of 0%, the basic weekly domestic soybean prices have continued The increase lasted until mid-December. In mid-to-late October, domestic soybeans rose sharply. New beans have just been listed. The main purchasers have concentrated on the market, and prices have risen sharply.

Beginning in November, due to the rapid increase in domestic soybean prices, some state treasuries have stopped purchasing, and the weekly increase in domestic soybeans has declined. By the end of December, the domestic soybean balance was small, and farmers were more bullish in price. The domestic soybean price continued to rise, and the weekly increase was relatively close.

Demand exceeds supply, domestic soybean prices continue to rise

After the National Day, the open-scale price of Heilongjiang's new season soybeans at 2.1 yuan/500g in the main producing area has a large gap compared with the high price of 2.6 yuan/500g in the previous period. In addition, the number of listings is small, farmers are reluctant to sell, and the domestic soybean market continues to rise.

Entering November, Heilongjiang's new season domestic soybeans have been fully listed, and terminal soybean products factories have successively entered the market for purchases. Due to the rising prices of domestic soybeans, farmers are reluctant to sell them. Some state treasuries have stopped harvesting, the domestic soybean market has shown a lacklustre transaction, and prices have continued to soar.

In December, the main producing area of ​​Heilongjiang has relatively little domestic soybean surplus. The new season soybeans have risen to 2.6 yuan/500g, and the market rise has gradually stabilized. The increase has been more than 21% after the National Day. Terminal soy product factories lack confidence in entering the market, market transactions are relatively limited, and domestic soybean prices continue to run at a high level.

SunSirs agricultural product analysts believe that as the New Year's Day approaches the Spring Festival, logistics costs increase, and soybean prices in the new season will remain firm.

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