# Soybean Crushing Losses eased Due to Soyoil Prices Increased Sharply - China Oil and Oilseeds Report - CnAgri-China Agriculture Consultant

> China's soybean crushing losses narrowed in June as soybean oil prices rose sharply. Imported soybean costs were about 3,150 RMB/MT. Soybean meal prices fell by 61 RMB/MT, while soybean oil averaged 5,828 RMB/MT.

- Date: 2020-07-09 · published 2020-07-09T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/52198-soybean-crushing-losses-eased-due-to-soyoil-prices-increased-sharply-china-oil
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Stronger soyoil prices improve crushing economics and support soyoil values, while weaker meal prices add pressure on soybean meal and reduce the value of the oilseed crush.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲

## Sources

- en.cnagri.com: http://en.cnagri.com/report/seedoilsss/20200709/253304.html

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