Domestic soybean price is expected to rise (10.16)

OA show ('918 '); due to the large price difference between domestic soybeans and imported soybeans at present, most oil plants hold a wait-and-see attitude towards the later price trend of soybeans, and tend to use domestic soybeans for raw material supply in October and November Statistics show that the number of domestic oil plants and traders who have recently placed orders for new soybean production in the United States is very small In order to maintain the production of domestic soybean, the price of domestic soybean will rise There are two main reasons for the less signing of soybean import contracts On the one hand, many domestic oil plants purchased a large number of imported soybeans in the early stage, which eventually led to a situation of oversupply in the market As a result, many processing plants suffered heavy losses, which left them with lingering fear and did not dare to book imported soybeans again in advance On the other hand, in the fourth quarter of last year, 1.7 million tons of domestic soybeans were ordered to be imported At that time, the price of domestic soybeans was relatively low Therefore, in the fourth quarter of 1999, the profit of processing plants using domestic soybeans was much higher than that using imported soybeans If processing plants and traders still hold a wait-and-see attitude towards imported soybeans, it may cause a significant decline in the total import of soybeans in the fourth quarter According to the analysis and prediction department, imported soybeans in the fourth quarter are still a very important source of raw materials for processing plants Of course, we should also consider a series of problems such as the output of domestic soybeans this year China feed industry information network bcz (author:)