The soybean commodity index on September 12 was 92.69, which was the same as yesterday. It was 21.09% lower than the cyclical peak of 117.47 points (2013-03-29), and 3.32% higher than the lowest point of 89.71 on April 16, 2019. (Note: Period refers to 2011-09-01 to date)

According to the monitoring of SunSirs, the domestic soybean market has remained basically unchanged this week. The average price of domestic soybean is RMB 3633/ton, and the price is flat.

Products: The surplus grain in the main production area is less, the market is in a priceless and unsold state. Some traders sell mainly the state-owned soybeans. In 2017, Nenjiang Beiku, protein 41, the price is RMB 1.92/kg. The new season soybeans will soon be on the market. The auction of the state-owned soybeans has stopped, and the domestic soybeans market is flat.

Soybean analysts believe that after the Mid-Autumn Festival, the new season soybean will soon be on the market, and soybean prices in the new season are expected to rise due to the reduction of soybean production in the new season.

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