Domestic crushers have elevated operation rates as expected this week (Dec 5-11), so soybean crush at domestic mills totals 1,950,780 tonnes (meal 1,541,116 tonnes and oil 370,648 tonnes), up 161,100 tonnes or 9.0% from 1,789,680 tonnes last week. Meanwhile, operation rates (capacity utilization) are 55.71%, up 4.6% from 51.11% in the previous week. Soybean crush will continue rising to 1.97 mln tonnes and 2.06 mln tonnes in the coming two weeks, respectively.

In the crop year of 2020/21 (from Oct 1st, 2020), China’s soybean crush totals 20,136,924 tonnes, up 3,101,724 tonnes or 18.20% from 17,035,200 tonnes a year earlier.

In the calendar year of 2020 (from Jan. 1st, 2020), China’s soybean crush amounts to 89,743,610 tonnes, up 10,666,725 tonnes or 13.48% from 79,076,885 tonnes of the corresponding period in 2019.

Fig.: Soybean Weekly Crush in China (2016-2020)

Details for weekly crush by region and by group are shown as follows: