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The PBOC set the yuan's central parity rate at 6.7146 per US dollar on Monday, weakening it by 8 pips. Spot trading is allowed to move 2% either side of the fixing.
A routine daily fixing with a small move carries little direct feed-price signal; it only marginally affects US dollar purchasing power for Chinese importers of feed inputs.
After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% over 20.
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.