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China’s onshore yuan central parity rate was set at 6.7188 per US dollar on November 9, 20 basis points weaker than the previous trading day.
A weaker yuan raises the local-currency cost of dollar-priced imports, including feed commodities, though this small daily adjustment is unlikely to have a meaningful price impact on its own.
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.