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Mysteel China imported soybean crush margin tracking 20260417

Source: Mysteel Apr 17, 2026 13:55
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Plant Oil Soybean Demand Price Supply
Theoretical crush margins for Brazilian soybeans are positive across the curve, with far-forward months showing stronger profitability. The recent across-the-board increases (except March 2027) point to improved near-term crush incentives, which may support higher soybean imports and crush activity in the coming months. However, margins for August 2026 are thinner, warranting close monitoring of CNF premiums and DCE price movements.

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