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What is the status of soybean futures?
What is the status of soybean futures?

How low is the status of soybean futures in the futures field? Today, let's reveal its noble status and help investors increase their futures knowledge.

As we all know, the emergence and development of soybean futures have a very long development time, because it is one of the earliest futures varieties introduced in China and has made great contributions to the field of futures investment in China. With the development of the times and the continuous improvement of soybean's social status in China, soybean futures trading has been very active.

Among the agricultural bases in China, Northeast China has always been the top priority of agricultural development. In the field of soybean futures investment, Dalian Commodity Exchange has become the second largest soybean futures market in the world after CBOT, which not only greatly meets the demand of China market, but also promotes the vigorous development of the futures market. However, due to the shortage of soybeans in China, China is the most important soybean importer in the world, and purchasing soybeans has become an important part of China's imports. As a result, Dalian soybean futures price has also become an important index price of global soybean trade, so its influence is very great. In addition, it also has an important impact on the CBOT market, affecting the price and trading situation in its trading market.

As the most active agricultural product in world trade, soybean price is the forerunner of world grain price trend, so soybean futures become the index price of investing in grain products.

Because soybean has a very important position in China and the world, it has gradually become the most active agricultural product in world trade, surpassing the importance of all other agricultural products in the world. Soybean price is the forerunner of the world grain price trend, so its price change also has a great influence on the prices of other agricultural products. From this point of view, soybean futures have also become an index price for investing in food products.

Seeing this, everyone should know what the status of soybean futures is. Want to know more about investment knowledge, please pay attention to us!