Opinion

Price Update- Soybean Price in Argentina

Soybean
Argentina
Published Jun 20, 2018
Soybean price in Argentia drops by 5.22%.

Soybean Price in Argentina

According to Tridge data, the wholesale price of Soybean in Argentina reached $0.25/kg on June 18th, a 5.52% drop from $0.26/kg from the previous week.

Wholesale price trend of soybean in Argentina(Source: Tridge)

Argentina is ranked 3rd in global soybean exports. In 2016, Argentina exported total $3.7B value worth of soybean, taking up 7.24% of global soybean exports. China is the dominant destination site of Argentinian soybean, having imported $3230.71M, in 2016. 


China is the major importer of Argentinian soybeans(Source: Tridge)


Contact Us:

For questions regarding this article: wonjung.yun@tridge.com

For sourcing inquiries on soybean: eunjeong.lee@tridge.com

Or request for quotation through http://www.tridge.com/inquiry


References

1. https://www.tridge.com/intelligences/soybean

2. https://www.tridge.com/stories/soybean-market-what-to-expect






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