This week (Aug. 3rd-9th), as the operation rate has risen on better crush margins, soybean crush totals 1,657,600 tonnes (meal 1,309,504 tonnes and oil 314,944 tonnes), an increase of 165,000 tonnes by 11.05% from 1,492,600 tonnes last week. Meanwhile, the operation rate (capacity utilization) is 46.39%, up 4.61 percentage points from 41.78% last week. Amid further pickups in operation rate, soybean crush is predicted to increase to around 1.70 mln tonnes next week and to around 1.71 mln tonnes the following week. 

As of this week, soybean crush nationwide totals 72,256,915 tonnes in the crushing year of 2018/19 (from October, 2018), down 3,858,083 tonnes by 5.06% from 76,114,998 tonnes of the same period last year. In 2019 (from Jan. 1st, 2019), national soybean crush amounts to 49,105,515 tonnes, down 2,608,763 tonnes by 5.04% from 51,714,278 tonnes of the corresponding period in 2018.

Fig.: Soybean Weekly Crush in China (2015-2019)

Details for weekly crush are shown as follows: