# Increasing canola supplies from Canada to China will exacerbate the decline in canola oil prices

> Large shipments of Canadian canola reached Chinese processing plants in November, and Chinese rapeseed stocks rose to 421,000 tonnes by November 17. Imported rapeseed oil prices fell 2.25% in October, with the domestic market oversupplied. Forecasts show continued active rapeseed oil imports in November and December.

- Date: 2023-11-30 · published 2023-11-30T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/33173-increasing-canola-supplies-from-canada-to-china-will-exacerbate-the-decline-in
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Rising Chinese canola and oil stocks weigh on import demand and pressure canola oil prices further, with limited support from Brazilian soybean production forecasts.

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/naroshuvannya-postavok-kanoli-z-kanadi-do-kitayu-posilit-znizhennya-tcin-na-ripakovu-oliyu.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.