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Mysteel daily China imported soybean crush margin tracking 20260409

Source: Mysteel Apr 09, 2026 10:40
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Plant Oil Demand Price Supply
Crush margins are positive but modest (117184 Yuan/tonne) and trending down. This may discourage immediate large-scale crushing or prompt hedge selling.Forward (Q1Q2 2027): Margins are much more attractive (422484 Yuan/tonne), suggesting strong profitability if current CBOT, freight, and domestic price assumptions hold.

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