# Canada Know-Risk Market Outlook | China Continues 0% Covid Policy

> StoneX's Canada market outlook reports that China is maintaining its zero-COVID policy, and traders are debating what this means for Chinese canola imports. Many had hoped China would return to buying about four million tonnes of canola in the next marketing year. Canola was trading roughly $150 to $200 per tonne over soybeans, which StoneX says favors canola over soybeans for Chinese buyers.

- Date: 2022-11-07 · published 2022-11-07T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/38669-canada-know-risk-market-outlook-china-continues-0-covid-policy
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Uncertainty over Chinese canola demand weighs on canola prices, while a wide canola premium over soybeans supports strong domestic crush. Canola meal supply from crushing may remain ample even if exports are lower.

## Read by commodity

- SOY: neutral
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-01-28 | [China Re-Enters Canadian Canola Market - TT](https://feedsoft.ai/events/9480-china-re-enters-canadian-canola-market-tt.md) | -0.1% | +7.6% |
| SOY | 2019-10-15 | [Soybean promoters shop for  new markets as talks with China continue](https://feedsoft.ai/events/56619-soybean-promoters-shop-for-new-markets-as-talks-with-china-continue.md) | -0.8% | -3.8% |
| SOY | 2018-11-08 | [A tweet spikes the canola market - Manitoba Co-operator](https://feedsoft.ai/events/62150-a-tweet-spikes-the-canola-market-manitoba-co-operator.md) | +0.3% | +5.6% |
| SOY | 2026-06-23 | [U.S. fights with Brazil for China's giant soybean market](https://feedsoft.ai/events/14570-u-s-fights-with-brazil-for-china-s-giant-soybean-market.md) | -0.6% | +9.3% |
| SOY | 2020-02-20 | [China Back in the Market for U.S. Farm Goods After Waivers \| Financial Post](https://feedsoft.ai/events/54480-china-back-in-the-market-for-u-s-farm-goods-after-waivers-financial-post.md) | -1.8% | -8.0% |

## Sources

- stonex.com: https://www.stonex.com/en/insights/canada-know-risk-market-outlook-china-continues-0pct-covid-policy/

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