# Dalian Commodity Exchange Factor Weighs on Soybean Prices | Investing.com

> China's Dalian Commodity Exchange opened soybean futures and options to foreign traders. Speculators raised bullish soybean and corn bets after USDA's January reports showed smaller US crops, and Argentine drought drove fund buying in soybean meal.

- Date: 2023-01-31 · published 2023-01-31T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/37810-dalian-commodity-exchange-factor-weighs-on-soybean-prices-investing-com
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Foreign access to Dalian lets overseas traders hedge China-linked soybean prices, while fund buying and tight US and Argentine supplies support Chicago soybean and meal prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- investing.com: https://www.investing.com/analysis/dalian-commodity-exchange-factor-weighs-on-soybean-prices-200634854

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.