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BUZZ-China's soybean crush margins on course for worst close in 33 months

BEIJING, June 2 (Reuters) - China's soybean crushing margins are set to close the week at their most negative since September 2014 on slumping meal values and record low Dalian soyoil prices, trade sources said.

* Soy processors in Shandong province were losing 353 yuan ($51.79) a tonne on Friday

* Soybean imports for the coming months are going to drop, as some crushers try to cancel orders under poor margins, said Tian Hao, senior analyst at First Futures

* August imports are expected to fall below 8 million tonnes, analysts said

* Crush margins may be nearing bottom, as possible drop in imports would reduce surplus supplies, analysts said

* Crush margins pressured by growing soymeal stocks and record low soyoil prices

* Soybean crushers are pushing to postpone or cancel cargoes as they rack up hefty losses processing the oilseed. ($1 = 6.8162 Chinese yuan)

(Reporting by Hallie Gu and Gavin Maguire)

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