Soybean crushers in parts of northern and eastern China are preparing for one-month long suspension of crushing activities as the industry grapples with supply shortage amid poor crush margins.
Several crushing facilities in Shandong province and Tianjin city in northern China are due to shut their operations for one month between mid-February and late March this year, according to four market sources.
These crushing sites are owned by both international and domestic companies including Bunge, L...