Loading…
The People's Bank of China set the onshore yuan central parity at 6.7146 per US dollar on November 2, 8 basis points weaker than the previous fixing. The move follows a week in which the yuan had strengthened against the dollar.
A small weakening of the fix has little direct effect on feed commodities, but a weaker yuan raises the yuan cost of US soybeans and other imports, which can slightly dampen Chinese buying appetite at the margin.
finance.ce.cnNov 2, 2026
i2.ce.cnNov 2, 2026
chinanews.com.cnNov 4, 2026After 398 past bullish macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), and +0.0% 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.
