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What does "Douer 0807" mean in the futures market?
There are two kinds of soybean contracts in Dalian Commodity Exchange: Soybean No.1 and Soybean No.2, commonly known as "Bean No.1" and "Bean No.2".

The delivery object of soybean contract must be non-genetically modified soybeans, which can be imported or made in China;

The delivery object of the second bean contract can be any soybean (genetically modified or non-genetically modified), regardless of the origin.

The following 0807 is the delivery date: July 2008.