This week (Dec. 7-13), with a slight rise in operation rates, soybean crush at domestic mills totals 1,667,000 tonnes (meal 1,316,930 tonnes and oil 316,730 tonnes), up 14,400 tonnes, or 0.87%, from 1,652,600 tonnes in the previous week. Meanwhile, operation rates (capacity utilization) are 45.72%, up 0.40 percentage points from 45.32% in the previous week. Soybean crush is predicted to increase to around 1.77 mln tonnes next week and to 1.82 mln tonnes that following week.
As of this week, soybean crush nationwide totals 17,035,200 tonnes in the crushing year of 2019/20 (from October 1st, 2019), down 1,877,785 tonnes, or 9.92%, from 18,912,985 tonnes of the same period last year. In calendar year of 2019 (from Jan. 1st, 2019), national soybean crush amounts to 79,076,615 tonnes, down 5,266,165 tonnes, or 6.24%, from 84,342,780 tonnes of the corresponding period in 2018.
Fig.: Soybean Weekly Crush in China (2015-2019)
Details for weekly crush by region and by group are shown as follows: