Since December, the price of domestic soybeans has been weak, and prices have fallen slightly. At the beginning of the month, the average domestic soybean market price was 6,062 yuan/ton. On the 15th, the average domestic soybean market price was 6,040 yuan/ton, down 0.36%.

National Reserve price cuts, domestic soybean market weakens

Since December, the State Reserve soybean auctions have continued to pass, and the demand for terminal soy products has declined. In addition, the State Reserve soybean purchase prices have been lowered. From the original 3.15 yuan/catty, down to 3.075 yuan/catty. Market purchasers have also lowered the purchase price of soybeans. The mainstream price is 3-3.11 yuan/catties.

As the New Year's Day and the Spring Festival approach, the purchase and sale of domestic soybeans in the new season is coming to an end, and the market outlook for domestic soybeans continues to be stable.

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