Market Analysis - The soybean futures market saw a closing price of 4176.00 CNY/ton for the May 2505 contract, an increase of 23.00 CNY/ton or 0.55% from the previous day [1] - The spot market for edible soybeans showed a basis change of +17, with a significant increase of 32.14% [1] - On Friday, U.S. soybean prices rose due to upcoming U.S.-China negotiations and short sellers covering positions ahead of the USDA report, with the May contract up 7.25 cents/bushel to 1044 cents/bushel and the July contract up 6.75 cents/bushel to 1051.75 cents/bushel [1] Domestic Soybean Price Trends - Domestic soybean prices experienced fluctuations, with a trend of rising and then falling prices last week, primarily supported by reduced remaining stocks [2] - The supply of imported soybeans has temporarily eased, but there is no significant increase in volume at this stage, providing continued price support [2] - Farmers have limited remaining stocks, leading to mixed pricing, but there is a strong sentiment to maintain prices; attention should be paid to state reserve policies and farmers' spring planting and remaining stock situations [2]
进口阶段性供应紧张得到缓解 豆一价格仍有支撑
Jin Tou Wang·2025-05-13 03:05