date:Aug 06, 2015
price between soybeans and the soymeal and soy oil they yield, determine profitability for processors.
China is the worlds largest importer of soybeans, and has a high demand for soymeal from its massive domestic pork industry.
Wilmar chairman and chief executive Kuok Khoon Hong said the group expects crushing margins in China to remain positive for the rest of the year.
Last week US-based oilseed processor Bunge forecast Chinese soybean crush margins for the second half of 2015 at $15 a tonne,