Soybean futures close lower

DALIAN, May 19– No.1 soybean futures closed lower on Friday in daytime trading at the Dalian Commodity Exchange. The most active No.1 soybean contract for July 2023 delivery dipped 9 yuan to close at 5,050 yuan per tonne. China is the world’s largest soybean importer.

DALIAN, May 19 (Xinhua) — No.1 soybean futures closed lower on Friday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active No.1 soybean contract for July 2023 delivery dipped 9 yuan (about 1.28 U.S. dollars) to close at 5,050 yuan per tonne.

On Friday, the total trading volume of six listed No.1 soybean futures contracts on the exchange was 251,419 lots, with a turnover of about 12.62 billion yuan.

China is the world’s largest soybean importer. Enditem