# China Brief 90 | Canola sales to China increase, China’s first population drop in 60 years & more Canada West FoundationCanada West Foundation

> Canada ended 2022 with a canola buying spree by China, which purchased 377 percent more oilseed in the final months of the year than in the prior nine months. Canadian renewable diesel refinery projects are expanding demand for canola as a biofuel feedstock, and crush capacity could rise by about six million tonnes.

- Date: 2023-01-18 · published 2023-01-18T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/37753-china-brief-90-canola-sales-to-china-increase-china-s-first-population-drop-in
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Growing domestic crush and renewable diesel demand for canola could tighten supplies available for export, supporting canola prices.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- cwf.ca: https://cwf.ca/research/publications/china-brief-90-farmers-chinas-first-population-drop-in-60-years-canadas-tourism-sector/

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