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
Recently updated wholesale prices
Recent wholesale price of Soybean in Malaysia was 26 MYR per 1 kg, reported on 2025-03-07 for the following specification: Good Quality(grade).
See the table below for more recent wholesale prices.
Reported on
Reported on
Specifications
Specifications
Price (USD/kg)
Price (USD/kg)
Reported price
Reported price
2025-03-07
Good Quality(grade)
$5.89/kg
MYR 26/1 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 $0.88 to $0.88 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
$0.88/kg
$0.40/lb
$0.88/kg
$0.40/lb
2023
$1.04/kg
$0.47/lb
$1.04/kg
$0.47/lb
Recent export records
On 2024-10-31, Soybean reported as "SILO PREMIUM BEAN (SOYBEAN)" was exported by a company in Malaysia to a company in Philippines.
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
2024-10-31
$000/kg
SILO PREMIUM BEAN (SOYBEAN)
Company name
Malaysia
Company name
Philippines
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
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 been declining in recent years due to shifting market conditions. In 2023, import prices ranged from $1.22 USD per kg to $1.34 USD per kg. By 2024, prices had dropped to a new range of $0.87 to $0.98 USD per kg, reflecting changes in demand or supply for Soybean in 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
$0.87/kg
$0.39/lb
$0.98/kg
$0.45/lb
2023
$1.22/kg
$0.55/lb
$1.34/kg
$0.61/lb
Recent import records
On 2024-12-17, Soybean reported as “Soytide fermented soybean powder (55% protein), used for animal feed production, 25kg/bag, 100% new product#&VN” was imported by a company in Malaysia from a company in Vietnam.
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
2024-12-17
$000/kg
Soytide fermented soybean powder (55% protein), used for animal feed production, 25kg/bag, 100% new product#&VN
Company name
Vietnam
Company name
Malaysia
2024-12-09
$000/kg
Soytide fermented soybean powder (55% protein), used for animal feed production, 25kg/bag, 100% new product#&VN
Company name
Vietnam
Company name
Malaysia
2024-09-25
$000/kg
SOYA BEANS
Company name
India
Company name
Malaysia
To access detailed information, including unit prices and company names, get full access to our Transaction Data.
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.
How much transaction data is there for Soybean in Malaysia in Tridge?
We have 388 transaction records for Soybean in Malaysia. Visit our About Transaction Data page to explore its features.
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