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BEIJING: In July 2021, the top five countries in China’s imports of soybeans were Brazil, 7,875,200 tons, Argentina, 660,800 tons, Uruguay, 44,300 tons, the United States, 42,300 tons, and Russia, 27,500 tons.

In July 2021, China imported about 8,673,100 tons of soybeans, a decrease of 19.11% month-on-month and a year-on-year decrease of 14.05%; the total amount of soybean imports was approximately US$4.995 billion, a decrease of 17.87% month-on-month and a year-on-year increase of 31.85%; the average unit price of imported soybeans in July 2021 was about US$575.88/ton, up 1.53% month-on-month and up 53.42% year-on-year.

Current Market Price in China for Chinese soybean

Product Name Chinese soybean
Type Non-Gmo
Grade A
Moisture 12% max
Package 25kg paper bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1000/mt
Delivery 20 days after the contract

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