This week (Dec. 21-27), with a further rise in operation rates, soybean crush at domestic mills totals 1,998,800 tonnes (meal 1,579,052 tonnes and oil 379,772 tonnes), up 142,300 tonnes or 7.66% from 1,856,500 tonnes in the previous week. Meanwhile, operation rates (capacity utilization) reach 56.73%, up 5.82 percentage points from 50.91% in the previous week. Soybean crush is predicted to continue the upward trend to a very high level of 2.01 mln tonnes next week and 2.02 mln tonnes that following week. 

 

As of this week, soybean crush nationwide totals 20,890,500 tonnes in the crushing year of 2019/20 (from October 1st, 2019), down 1,587,485 tonnes or 7.06% from 22,477,985 tonnes of the same period last year. In calendar year of 2019 (from Jan. 1st, 2019), national soybean crush amounts to 82,931,915 tonnes, down 4,975,865 tonnes or 5.66% from 87,907,780 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: