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China set the yuan’s daily midpoint at 6.7188 per dollar on November 9, 20 pips weaker than the previous setting. Market pricing cited a 78% probability of a 25-basis-point Federal Reserve rate increase in December.
A weaker midpoint can add to yuan depreciation pressure and raise the local-currency cost of imported feed ingredients. The move is modest and reflects exchange-rate expectations rather than a change in commodity supply or demand.
finance.sina.com.cnNov 9, 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.
