Price trend

According to the monitoring data of SunSirs, the domestic soybean market was still at a high level in June. The average soybean market price at the beginning of the month was 6,118 RMB/ton. On June 17, the average domestic soybean market price was 6,128 RMB/ton, an increase of 0.26%.

Analysis review

Since June, the domestic soybean market has remained firm and relatively stable, and the mainstream quotation is about 3.1 RMB/catties. The terminal demand for soybean products is general, and the auction of soybeans from the State Reserve is relatively good, and the transaction price continues to be around 6,100 RMB/ton, which supports the domestic soybean market to a certain extent. Soybean prices are mainly running at a high level, and the market transactions are general.

Market outlook

The agricultural product analyst of SunSirs believes that the new season of soybeans is in the growing period, and it is expected that domestic soybeans will remain stable in the market outlook.

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