The imported soybean prices in Indonesia tend to be stable from mid of June

Soybean prices at the retail level are predicted to be stable and even tend to fall from this mid-June. Previously, soybean prices tended to rise since the end of last year until last May. The tempeh (Indonesian Soybean cake) & tofu producers suspect that this price stability trend is due to the entry of imported soybeans into the market. The tempeh & tofu industry is the biggest consumer of soybeans in Indonesia.