China’s Soybean Crush Weekly (Week 15, 2019)
As operation rate ramps up, soybean crush this week (Apr. 6th-12th) totals 1,689,250 tonnes (meal 1,334,507 tonnes and oil 320,957 tonnes), an increment of 85,400 tonnes by 5.32% from 1,603,850 tonnes last week. Meanwhile, operation rate (capacity utilization) has climbed higher by 2.4 percentage points to 47.65% from 45.25% last week. Soybean crush is predicted to increase to 1.78 Mln tonnes next week and fall to 1.72 Mln tonnes for machine maintenance and soybean shortages the following week .
As of this week, soybean crush nationwide totals 43,865,985 tonnes, down 3,549,763 tonnes by 7.48% from 47,415,748 tonnes of the same period last year. In 2019 (as from Jan. 1st, 2019), national soybean crush amounts to?20,714,585 tonnes, down 2,300,443 tonnes by 9.99% from 23,015,028 tonnes of the corresponding period in 2018.
Fig.: Soybean Weekly Crush in China (2015-2019)
Details for weekly crush are shown as follows:
