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What is the trend of soybean price in Bozhou, Anhui Province? Is it possible to make money by hoarding now? Please analyze the relationship between supply and demand according to the market situation
What is the trend of soybean price in Bozhou, Anhui Province? Is it possible to make money by hoarding now? Please analyze the relationship between supply and demand according to the market situation at home and abroad. With the steady growth of the world economy and the continuous improvement of people's living standards, the demand for protein and oil products continues to grow, which is very beneficial to soybean prices and profit prospects. According to the estimation of the American Institute of Food and Agricultural Policy, in the long run, the soybean price will increase by 9. 18 ~ 1 1 USD for every 2.724 million tons of soybean demand. Global oil inventories have been declining since 1988, and soybean prices have rebounded to the highest point since 1988. Due to the economic crisis in Southeast Asia, the price of 1999 soybean fell to the lowest point in history. Looking at the historical curve of soybean price change, it is not difficult to find that soybean price fluctuates under the influence of market supply and demand, global economy and situation. To sum up, it can be summarized as follows: soybean prices are basically stable for a long time. From the end of 1972 to the beginning of 1973, the soybean price reached the highest level in recent 20 years, reaching 48 1 USD per ton of soybean; Then the price began to fall, and it didn't rise to $388.9 until 1988. 1996 rebounded, but the increase was not big; 1999 fell to the lowest point in history, and the price per ton was only 166.7 USD. The changes of soybean meal and soybean oil are similar to those of soybean. The trend of soybean price change can be summarized as: steady and rising, but not too big.