Price for Soybean in Malaysia

Get price analysis and market insights for Malaysia Soybean with Tridge.

Wholesale prices of Soybean in Malaysia

Historical wholesale price trends

The wholesale price of Malaysia Soybean has experienced fluctuations over the past two years, reflecting changing market conditions in the market. In 2023, wholesale prices varied between $6.89 USD per kg and $7.81 USD per kg. By 2024, the volatility persisted, with wholesale prices ranging from $6.75 USD to $8.33 USD per kg, highlighting ongoing price variability for Malaysia Soybean.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$6.75/kg	$3.06/lb	$8.33/kg	$3.78/lb
2023	$6.89/kg	$3.12/lb	$7.81/kg	$3.54/lb
2022	$7.52/kg	$3.41/lb	$8.95/kg	$4.06/lb

Reported on Reported on	Specifications Specifications	Price (USD/kg) Price (USD/kg)	Reported price Reported price
2024-12-13	Good Quality(grade)	$6.29/kg	MYR 28/1 kg
2024-03-01	-	$7.38/kg	MYR 35/1 kg

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Export prices of Soybean in Malaysia

Historical export price trends

The export price of Soybean from Malaysia has been on a downward trend in recent years, driven by changing market conditions. In 2023, export prices were between $1.04 USD per kg and $1.04 USD per kg. By 2024, these prices had fallen to a new range of $0.60 to $0.60 USD per kg, reflecting shifts in demand or supply for Malaysia Soybean.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$0.60/kg	$0.27/lb	$0.60/kg	$0.27/lb
2023	$1.04/kg	$0.47/lb	$1.04/kg	$0.47/lb

Recent export records

On 2024-08-03, Soybean reported as "SOYA MATE 20 KGS" was exported by a company in Malaysia to a company in Uganda.

See the table below for more recent transactions.

Date Date	Unit price Unit price	Reported product name Reported product name	Exporter Exporter	Origin Origin	Importer Importer	Destination Destination
2024-08-03	$000/kg	SOYA MATE 20 KGS	Company name	Malaysia	Company name	Uganda
2023-09-08	$000/kg	SILO PREMIUM BEAN (SOYBEAN)	Company name	Malaysia	Company name	Philippines
2021-12-20	$000/kg	DI SOYBEAN MIXTURE (DYNAPHARM BRAND)	Company name	Malaysia	Company name	Philippines

To access detailed information, including unit prices and company names, get full access to our Transaction Data.

Import prices of Soybean in Malaysia

Historical import price trends

The import price of Soybean to Malaysia has fluctuated over the past two years, reflecting shifting market trends. In 2023, import prices ranged from $1.22 USD per kg to $1.34 USD per kg. By 2024, price volatility persisted, with prices continuing to vary between $0.65 USD and $1.41 USD per kg, indicating ongoing market instability for Soybean imports to Malaysia.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$0.65/kg	$0.30/lb	$1.41/kg	$0.64/lb
2023	$1.22/kg	$0.55/lb	$1.34/kg	$0.61/lb

Recent import records

On 2024-09-18, Soybean reported as “FMCG HOUSEHOLD GOODS : SOYA CHUNKS - 20.00 KGS” was imported by a company in Malaysia from a company in India.

See the table below for more recent transactions.

Date Date	Unit price Unit price	Reported product name Reported product name	Exporter Exporter	Origin Origin	Importer Importer	Destination Destination
2024-09-18	$000/kg	FMCG HOUSEHOLD GOODS : SOYA CHUNKS - 20.00 KGS	Company name	India	Company name	Malaysia
2024-09-02	$000/kg	Soy Bean-OTHER DETAILS AS PER INV & PL	Company name	India	Company name	Malaysia
2024-09-02	$000/kg	Soy Bean-OTHER DETAILS AS PER INV & PL	Company name	India	Company name	Malaysia

To access detailed information, including unit prices and company names, get full access to our Transaction Data.

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FAQ for Soybean price in Malaysia

What is the HS code for Soybean?

The HS code for Soybean is 120100 - Soya beans; whether or not broken, 120110 - Soya beans; seed, whether or not broken, 120190 - Soya beans; other than seed, whether or not broken.

Where does Tridge source its price data?

Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.

How are the low and high prices for Malaysia Soybean calculated?

The low and high prices are calculated from Malaysia data for Soybean during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.

How much price data is available for Soybean on Tridge?

In the past 6 months, 2 Soybean price entries were updated for Malaysia. Visit our Data Availability page for more detailed information.

How much transaction data is there for Soybean in Malaysia in Tridge?

We have 359 transaction records for Soybean in Malaysia. Visit our About Transaction Data page to explore its features.