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China bought 52,000 tonnes of Indian rapeseed meal over three weeks at $220 to $235 per tonne, about four times its total 2024 purchases from India, after imposing the 100% tariff on Canadian canola products. Chinese buyers are replacing Canadian rapeseed meal, which totaled 2.02 million tonnes in 2024.
Redirecting Chinese demand from Canadian to Indian rapeseed meal supports Indian meal prices and eases domestic Indian rapeseed stock pressure, while Canadian meal faces weaker Chinese demand.
ukragroconsult.comApr 10, 2025
reuters.comRajendra JadhavApr 8, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
