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China's canola imports rose to 477,000 tonnes in November, its largest monthly total since January 2019, after averaging about 100,000 tonnes per month in the prior nine months. Analysts disagree on whether the surge will persist given COVID and economic problems in China.
Strong Chinese buying alongside tight Canadian supplies supports canola prices, though a one-off surge would reduce that support.
producer.comSean PrattJan 5, 2023Not 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.
