2016 soybean price market analysis: what is the trend of soybean price at the end of 2016? And rising.

What is the trend of soybean prices at the end of 2016? December 6 news: us soybean futures rose last week, the main contract hit as high as 1065 cents on Monday, due to the previous seven consecutive trading days, technical correction requirements, while fundamentals, Brazilian soybean production is expected to hit a record, South American crops are sowing smoothly and growing well, the market is worried that later demand will shift to the South American market. Coupled with the month-end position adjustment, speculators are out of the long positions established in the past few months. Friday January soybean futures contract closed down 1.25 cents at 1028.5 cents a bushel.

The trend of Dalian soybean futures was stronger than that of the outer disk in the week, and the disk rose sharply. The main 1705 contract reached the highest level since May in 15 years, and the disk trend was strong, which continued to give a boost to domestic spot soybeans. The number of soybeans with relative preference for quality in Northeast China is getting smaller and smaller, and the psychology of standing price is strong. At the same time, grain depots and oil companies generally raise purchase prices. Henan and Anhui soybean quotations are more chaotic, good soybean price gap further widened. The trend of imported distribution beans is strong, most ports are out of stock, and the speed of picking up goods is slow.

The market continued to strengthen, driving the center of gravity of domestic commodity soybean prices to rise slowly. In the later stage, in Northeast China, although soybean production in Northeast China has increased as a whole this year, due to the serious disaster, the proportion of soybeans with high protein content has greatly decreased. With the recent continuous purchase and preparation of goods in the market, the number of good beans has become less and less, and after the price has risen slightly, farmers are more willing to sell at a high price. In addition, China Grain Depot and oil companies raised purchase prices to stimulate northeast soybeans, the short-term trend is still strong, the center of gravity is still likely to rise slightly. However, on the demand side, due to the sharp rise in freight rates, soybean exports are difficult to improve, so the price upward space will still be limited before the year.

Soybean prices in Henan and Anhui have tended to be stable recently, and good beans cannot be harvested at the grass-roots level due to the early snow. at the same time, driven by the general rise in soybean prices in Northeast China and import distribution, prices remain high, but transport capacity is tight. Some areas began to restrict loading. The price of soybean with relative deviation of quality fluctuates steadily or slightly. As the price of good beans is on the high side, procurement demand in the south slows down, and actual trading is still light. The sharp rise in freight rates, coupled with the shortage of vehicles, has led to cautious purchases by traders and a small volume of goods on the market, especially for better quality soybeans. Recently, the demand in the south is mediocre, and the quantity purchased by purchasers has declined. At present, the market quotation is relatively chaotic, the price of good beans is 2.25-2.27 yuan / jin, but the actual demand is limited. The mainstream price of soybeans in Anhui is maintained at 2.22-2.23 yuan / jin in most areas, and the price in Henan is 2.18-2.21 yuan / jin. The short-term price trend has stabilized or adjusted at a high level. The high level of imported distribution beans is stable, and due to the delayed arrival of soybeans, some ports are out of stock, and may come under pressure again later as the arrival at the port increases.