It is noted that the FOB price declined by $5-10 per ton to $380-385 per ton.

According to the report, the price fluctuation was the result of a reduction in the cost of soybean exports and the world market. Market demand is gradually reduced, the market supply is limited.

Thus, on the Chicago Mercantile exchange (CBOT) soybean futures declined by $8.4 per ton, mainly under pressure from the strengthening U.S. dollar. Also decrease in quotations was influenced by favorable weather conditions for the development of new soybean crop in South America.