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The RMB midpoint was quoted at 6.7152 on November 13, up 22 pips and the second straight daily gain, while the onshore spot rate opened 11 pips lower at 6.6700. Market participants expect the US Dollar Index to keep strong momentum in the short term, and China Construction Bank forecasts a November trading range of 6.60 to 6.72.
Continued dollar strength and a range-bound yuan keep import costs for Chinese buyers of US feed ingredients broadly stable, with no clear price trigger for grains.
longbridge.comNov 13, 2026After 169 past neutral macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +0.2%), 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.
