China’s Soybean Crush Weekly (Week 52, 2018)
This week (Dec. 22nd-28th), as operation rate for soybean crush has continued to rise, national soybean crush has come to 1,862,800 tonnes (meal 1,471,612 tonnes and oil 353,932 tonnes), an increment of 160,600 tonnes by 9.4% from 1,702,200 tonnes last week. The operation rate (capacity utilization) has went up by 3.95 percentage points to 52.55% from 48.60% last week. The crush volume will maintain at a high level in the next two weeks, to around 1.87 Mln tonnes next week (week 1, 2019) and to 1.88 Mln tonnes in week 2, 2019.
So far, national soybean crush in 2018/2019 (as from Oct. 1st, 2018) totals 22,477,985 tonnes, down 1,441,663 tonnes by 6.02% from 23,919,648 tonnes of the same period last year. In 2018 (as from Jan. 1st, 2018), national soybean crush amounts to 87,916,850 tonnes, down 1,806,099 tonnes by 2.01% from 89,722,949 tonnes of the same period in 2017.
Fig.: Soybean Weekly Crush in China (2014-2018)
Details for weekly crush are shown as follows:
