International soybean market price is always high

Introduction: at present, the international soybean market price is always at a high level Domestic buyers wait for the right time to determine the international market trend and decide whether to buy soybeans or not Since the beginning of July this year, a total of five ships of South American soybean import contracts of July August have been signed in China, with a total volume of 250000-280000 Soybean processing enterprises in North China, East China, northeast coast, South China and central China have participated in the above soybean import As the domestic soybeans will be launched in October, the northern crushers hope to order the soybeans in the first half of August, so as to ensure the arrival of soybeans in September However, according to traders, if the crushers want to order the soybeans of this shipment, they will only have one week to wait It is estimated that there is still a gap of 300000 for domestic crushers to ship soybeans in August However, due to the recent sharp rise in soybean prices in the international market, it is estimated that importers will not import soybeans next week even though China's August shipment of soybeans has not yet been completed The price of South American soybeans for the first August shipment has risen to $226 / from $220c & F20 / last week, while China's previous target price for imported soybeans was $200C & F210 / last week As the price trend in the international market is contrary to that predicted by Chinese buyers, it is estimated that the buyers have not satisfied with the price at present In June, 1.8 million imported soybeans arrived in China, and it is estimated that about 1.4 million soybeans will arrive in July Due to the impact of a large number of arrivals in recent months, China's domestic soybean prices are rising slowly It is estimated that it is difficult for domestic crushers to accept such high international prices.