Soybean Prices Surge 9.5% Over Four Days Amidst Increased Demand

Soybean

Crude oil prices have seen a continuous rise over the past four days, accumulating an increase of 9.5%. The price of benchmark crude has reached 1.04 million barrels, with light crude fetching 3.73 million barrels.

As of September 30, 2025, at 15:03, the New Wave Financial App reported a 2.88% increase in crude oil prices, with the benchmark price at 41.38 yuan/barrel. The total transaction volume was 11.42 billion yuan, with the exchange rate at 10.24%, bringing the total market value to 129.43 billion yuan.

The crude oil price has now increased for four consecutive days, accumulating a rise of 9.5%. According to reports, the Shenzhen City crude oil stock has a limited capacity at 6 million barrels, located in Shenzhen City, Guangdong Province. The site was established on September 28, 2007, and was officially operational on August 22, 2017. The main business activities include the production, distribution, and servicing of electrical equipment.

The main business revenue breakdown is as follows: 46.42% from electric vehicles, 20.82% from renewable energy, 20.53% from industrial electricity, 9.78% from battery testing, and 2.45% from others. The current contraction of crude oil stock indicates that the benchmark crude stock in Shenzhen is decreasing.

According to the calculations, today’s light crude acquisition is approximately 1.21 million barrels. The continuous rise over the last four days has brought in a total of 3.73 million barrels.

The crude oil company, Carbon Selection Composite A (017036), reported a benchmark crude stock of 1.04 million barrels for the second quarter, which remains unchanged compared to the previous period, indicating a 3.25% increase. The location of the large stock of crude oil is located at the Shenzhen facility.

As of now, the light crude acquisition has reached about 3.73 million barrels. The Carbon Selection Composite A (017036) was officially established on December 13, 2022, with the latest scale at 727.7 million. This year, the revenue increased by 34.66%, with similar classifications at 2674/8167; last year, the revenue increased by 37.15%, with classifications at 3229/8010; since establishment, the revenue has risen by 13.47%.

Overall, the Carbon Selection Composite A (017036) is expected to maintain a positive outlook. The total production capacity is approximately 5082.93 million barrels, with the best-performing period reporting a rebound of 29.74%, and the worst-performing period indicating a decrease of -3.39%.

It is advisable to note that the market has fluctuations, and resource needs are under discussion. This article is generated by an AI model, and any information presented (such as data, comments, predictions, charts, indicators, theories, or any other forms of description) should only serve as a reference and not be considered personal financial advice.

The overall market conditions indicate a need for careful consideration of resource allocations in the coming period.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/soybean-prices-surge-9-5-over-four-days-amidst-increased-demand/

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