China shuts down soybean crushing plants due to regulation

October 15th, 2021

Several soybean crushing plants in China have been shut down as the government curbs energy consumption in a bid to meet stringent emission targets. The provinces of Jiangsu and Tianjin were particularly hit as provincial governments curtailed electricity supply. A shortage of coal in the domestic market and surging energy prices this year have also pushed local governments into rationing electricity usage to maintain stable energy supplies during winter.