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    Home > Active Ingredient News > Feed Industry News > The situation of tight soybean supply in China will change

    The situation of tight soybean supply in China will change

    • Last Update: 2002-07-05
    • Source: Internet
    • Author: User
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    Introduction: Beijing, July 3 - the reporter learned from the grain industry that the situation of tight supply of domestic soybean market will change in the short term According to the latest report of the authoritative food analysis and prediction agency, up to now, China has issued a license for 6 million tons of imported soybeans this year, which is much higher than the expectation of market analysts In addition, due to the growth of the sown area and the ideal growth conditions, it is predicted that the soybean output in 2002 / 03 will increase slightly The soybean output in 2002 / 03 will reach 16.32 million tons, an increase of 913000 tons, or 6 percentage points, compared with that in 200 / 01 It is understood that the AQSIQ has issued 40 import licenses, equivalent to 2 million to 2.2 million tons of imported soybeans, since the state implemented strict regulations on the management of genetically modified products in late March This figure of 6 million tons should include the large soybeans imported before March 20 According to the latest statistics of the General Administration of customs, from January to May 2002, China imported 2.85 million tons of soybeans Analysts from the national grain and Oil Information Center predicted last week that soybean imports from June to July will reach about 2.1 million tons, plus 2.2 million tons to 2.5 million tons of imported soybeans shipped in the first two months The total imports in 2001 / 02 are expected to be 10 million tons In the last week, the domestic soybean market changed as follows: -- the purchase price of oil soybean in Heilongjiang Province and other major production areas decreased Influenced by the pressure of imported soybeans coming to Hong Kong in succession and the decrease of soybean meal sales price, most soybean processing plants in Shandong, Hebei, Shaanxi and other places reduced the purchase price of domestic soybeans, the purchase strength of soybeans in Heilongjiang was significantly weakened, the shipment volume was significantly reduced, and the wait-and-see mentality of some manufacturers was aggravated, which resulted in the price of oil soybeans in Heilongjiang province continued to be small on the basis of the earlier decline The price of oil soybean is still in the state of price or no market -- the selling prices of edible soybeans are relatively stable in the grain wholesale markets of all regions Heilongjiang province's soybean purchase is mainly distributed to grain wholesale markets for sale of edible soybeans However, due to the lack of soybeans in the hands of farmers, the purchase volume of edible soybeans is also small As imported soybeans are seldom used for food sales and domestic soybeans are few, the sales price of edible soybeans in grain wholesale markets in China is basically stable -- imported soybeans are arriving one after another Last week, another five ships of imported soybeans arrived at domestic ports By the end of the week, seven ships of imported soybeans had arrived at Chinese ports The soybean imported at the early stage of each port has been basically sold out, and the presale price of soybean imported at Shandong port is 2100 yuan / ton The second ship in Tianjin Port has 60000 tons of Brazilian soybeans, which have been unloaded as of June 25 -- soybean export of Hebei Province shows a strong growth trend According to the foreign trade department of Hebei Province, from January to May this year, Hebei Province exported 3818 tons of soybeans, with a total amount of US $1217000, an increase of about 10 times over the same period last year Among them, 523.6 tons were exported in May, ranking the first in this year The main soybean export varieties in Hebei Province are yellow soybeans, with a total export amount of US $1.035 million, accounting for 92% of the total soybean export.
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