According to China National Grain and Oil Information Center, the weekly soybean crushing capacity of soybean oil plants in China remained at a relatively high level of around 2.2 million tons in August. As of the 22nd, the cumulative soybean crushing capacity of domestic soybean oil plants was 7.1 million tons, and the soybean meal inventory was 1.04 million tons. It is expected that the operating rate of soybean oil plants will rebound next week, with soybean crushing capacity reaching a high of about 2.5 million tons, and soybean meal output increasing. The soybean meal inventory of soybean oil plants may rise to over 1.1 million tons by the end of August.
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