Last week, the major oil refineries nationwide processed 1.83 million tons of soybeans.

Last week, domestic major oil mills increased soybean crushing volume. Monitoring shows that as of the week ending March 6, the soybean crushing volume at major domestic oil mills was 1.83 million tons, up 1.24 million tons from the previous week, down 650,000 tons from the previous month, up 320,000 tons year-on-year, and 310,000 tons higher than the average for the same period over the past three years. It is expected that this week, the operating rate of oil mills will continue to recover, with soybean crushing volume around 2 million tons. (National Grain and Oil Information Center)