摘要
In the 1st quarter of 2008 that has just elapsed, driven by both domestic and international factors, the price trend of soybean was fluctuating further as compared with 2007. Due to holidays, the price trend of soybean had been relatively stable in the first two months; however, since March 2008, affected by the record-high soybean futures price of 1,500 US cents/bushel in international markets, the soybean spot price had also hit an all time high of RMB 5,600/ton in domestic market and then dropped greatly under the pressure of macro-policy of the State and is currently maintaining at about RMB 4,6004,800/ton. Now let＇s review the price trend of soybean in the past quarter and analyze the main contributing factors in order to help predict its price trend in the 2nd quarter.
