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SunSirs: The New Season of Soybeans Is about to Go on the Market, Domestic Soybean Market Is Stable
September 06 2022 14:36:47SunSirs(John)

Price trend

According to the monitoring data of SunSirs, since the end of August, the domestic soybean market has been running smoothly, and the market has continued to be at 6,200 RMB/ton around. On August 26, the average domestic soybean market price was 6,170 RMB/ton. On September 5, the average domestic soybean market price was 6,190 RMB/ton, up 0.32%.

Analysis review

At the end of August, the domestic soybean market remained stable. At the beginning of September, due to the upcoming release of soybeans in the new season, market purchasers were cautious in entering the market, and the demand for terminal soybean products was stable. The domestic soybean market was relatively quiet in terms of purchases and sales, and the goods sales were general. The market continued to be 3.1 RMB per kilogram. The harvest of the new season soybean is imminent, and the domestic soybean market will still run smoothly in the market outlook.

Market outlook

The agricultural product analyst of SunSirs believes that: after the National Day, the new season of domestic soybeans will be fully listed, and domestic soybeans will remain stable in the short term.

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