Business

Soybean futures close higher

Xinhua

Updated: 2020-09-01 16:49

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A farmer uses a machine to plant soybeans in Bozhou, Anhui province. [Photo by Liu Qinli/For China Daily]

DALIAN - No 1 soybean futures closed higher on Tuesday in daytime trading at the Dalian Commodity Exchange (DCE).

The most active No 1 Soybean contract for January 2021 delivery gained 32 yuan ($4.67) to close at 4,442 yuan per ton.

On Tuesday, the total trading volume of six listed No 1 soybean futures contracts on the exchange was 216,661 lots, with a turnover of 9.61 billion yuan.

China is the world's largest soybean importer.

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