# Chinese Soy Crushers Set to Add to Ballooning Soyoil Inventories | Feed & Grain

> China's soybean oil stocks have risen 50% this year as edible oil consumption slowed during COVID-19 lockdowns. Chinese crushers are restarting after pandemic cutbacks and are expected to add further to already high soyoil inventories.

- Date: 2020-10-02 · published 2020-10-02T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/50724-chinese-soy-crushers-set-to-add-to-ballooning-soyoil-inventories-feed-and-grain
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rising Chinese soyoil stocks and extra crushing add supply pressure on world soyoil prices, while the associated meal output weighs on meal values.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-handling-processing/news/15393552/chinese-soy-crushers-set-to-add-to-ballooning-soyoil-inventories

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.