Regulation and Policy 

Soybean Price will Stabilize

Recently, the increasing price trend of soybeans is not as strong as before, the price rose just a little. The specialists estimate that the soybean price will be steady in spite of the strong market demand for soybeans.
According to the statistical data released by China Grain and Oil Information Center, some of the prices for pressed soybean oil as below: 2000-2030 RMB/MT in Heilongjiang, 2050-2070 RMB/MT in Jilin, 2040-2060 RMB/MT in Liaoning. All in all, the whole market is very steady. (from Xinhua Newspaper, June 4, 2002)