# China’s canola plans still not at previous level 12.07.2022 - UkrAgroConsult

> USDA forecasts China's canola imports will rise to 2.7 million tonnes in 2022-23 from 1.9 million in 2021-22, still well below the over 4 million tonnes China bought before its trade dispute with Canada. China recently lifted its ban on canola exports from Richardson International and Viterra.

- Date: 2022-07-12 · published 2022-07-12T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/40448-china-s-canola-plans-still-not-at-previous-level-12-07-2022-ukragroconsult
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A slower Chinese recovery leaves canola exposed to a possible glut, which is bearish for canola and the vegetable oil complex. Stronger EU demand could partly offset this.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/chinas-canola-plans-still-not-at-previous-level/

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