Recovery in China’s Soybean Crushing Activities Poses Threat to Malaysian Palm Oil Imports in China

The weekly crushing volume of soybeans in China had surged in mid-February after a sharp fall in the early part of the month. Soymeal price rose from RMB2,896/MT on 31 December 2019 to RMB3,253/MT on 31st March 2020 (April 1, 2020, Sunsirs Commodity Data Group). JC Intelligence Shanghai estimated that crushers in China are currently … Continue reading Recovery in China’s Soybean Crushing Activities Poses Threat to Malaysian Palm Oil Imports in China