According to the commodity market analysis system of SunSirs, the overall domestic soybean market has gradually rebounded since May. On May 1st, the average price of domestic soybean market was 4,732 RMB/ton, and on May 9th, the average price of domestic soybean market was 4,740 RMB/ton, with a price increase of 0.17%.

After the May Day holiday, domestic soybeans in the main production area of Heilongjiang have started to be sown one after another. The supply of aged soybeans in the market is relatively tight, and the purchase and sales are cold. The purchase price of national storage warehouses is stable, and the market price of domestic soybeans continues to be around 4,700 RMB/ton, with slight fluctuations. The market has risen slightly compared to before the holiday, and the market is strong.

The agricultural product analyst of SunSirs believes that with the start of spring plowing, market purchasing and sales remain average, and the domestic soybean market will continue to remain strong in the future.

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