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China opened an anti-dumping investigation into Canadian canola in response to Canada's 100% tariff on Chinese electric vehicles and 25% tariff on steel and aluminum. Under WTO rules, China must prove dumping and harm before imposing duties.
The threat alone is already affecting canola oil futures.
Possible anti-dumping duties would cut Canadian canola exports to China, its second-largest market, and add pressure on canola meal and oil prices.
producer.comSylvanus Kwaku AfesorgborOct 2, 2024Not 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.
