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The yuan's central parity rate weakened 72 basis points to 6.8292 against the dollar on Tuesday. The fix is based on a weighted average of market maker prices before the interbank market opens.
A weaker yuan fix raises the dollar cost of Chinese imports at the margin, a slight headwind for feed demand. The move is a routine fixing change with limited commodity impact.
en.xfafinance.comJun 27, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
