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The PBOC set the yuan's central parity rate at its weakest level since October 23. The notice was published in early November 2026.
A weaker yuan fix makes dollar-priced imports such as US soybeans and corn relatively more expensive for Chinese buyers, which can slow purchases and weigh on US futures.
After 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.