# Declining rapeseed oil and meal prices in China will soon increase the pressure on the world rapeseed market

> Analysts forecast weaker Chinese demand for canola oil and meal as global soybean supply rises, with canola oil falling most after the Spring Festival. Chinese canola imports from Canada have doubled to about 2.3 million tonnes over November to February, and rapeseed meal trades around $450-480/t.

- Date: 2023-02-23 · published 2023-02-23T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/37283-declining-rapeseed-oil-and-meal-prices-in-china-will-soon-increase-the-pressure
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Rising Chinese canola imports add processed supply that competes with soybean meal, and a medium-term oversupply of canola oil and meal points to lower prices.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-07-08 | [China’s demand for protein could increase rapeseed prices  : The Daily Digest](https://feedsoft.ai/events/64131-china-s-demand-for-protein-could-increase-rapeseed-prices-the-daily-digest.md) | -3.2% | -2.1% |
| SBM | 2025-12-16 | [Decline in EU Rapeseed Meal Prices Amid Record Imports](https://feedsoft.ai/events/21606-decline-in-eu-rapeseed-meal-prices-amid-record-imports.md) | -1.3% | -3.9% |
| SBM | 2024-01-30 | [China Witnesses Decline in Soyoil and Meal Futures Amidst Demand Slowdown](https://feedsoft.ai/events/6840-china-witnesses-decline-in-soyoil-and-meal-futures-amidst-demand-slowdown.md) | +1.4% | -6.2% |
| SBM | 2025-06-09 | [Decline of China's Soybean Meal Market Amid Rising Imports](https://feedsoft.ai/events/24312-decline-of-china-s-soybean-meal-market-amid-rising-imports.md) | -1.2% | -9.3% |
| SBM | 2024-03-07 | [EU increases imports of sunflower and rapeseed meal](https://feedsoft.ai/events/31332-eu-increases-imports-of-sunflower-and-rapeseed-meal.md) | -0.8% | -1.9% |
| SBO | 2024-01-30 | [China Witnesses Decline in Soyoil and Meal Futures Amidst Demand Slowdown](https://feedsoft.ai/events/6840-china-witnesses-decline-in-soyoil-and-meal-futures-amidst-demand-slowdown.md) | +0.0% | -1.4% |
| SBO | 2025-09-24 | [Vegetable oil prices fall under pressure from increased supply from Argentina](https://feedsoft.ai/events/22946-vegetable-oil-prices-fall-under-pressure-from-increased-supply-from-argentina.md) | -0.4% | +3.3% |
| SBO | 2020-03-23 | [Palm Oil News - The CPO Markets Would Keep Decreasing](https://feedsoft.ai/events/54013-palm-oil-news-the-cpo-markets-would-keep-decreasing.md) | +4.7% | +1.3% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/declining-rapeseed-oil-and-meal-prices-in-china-will-soon-increase-the-pressure-on-the-rapeseed-market/
- tridge.com: https://www.tridge.com/news/declining-rapeseed-oil-and-meal-prices-in-china-wi

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