# ICE weekly outlook: Don't expect China to buy if Huawei exec goes free - AgCanada

> ICE canola traders are watching the Vancouver extradition hearings for Huawei CFO Meng Wanzhou. China halted most Canadian canola imports after her arrest in December 2018. A PI Financial trader said China is likely to hold off on large canola purchases even if she is released.

- Date: 2020-01-24 · published 2020-01-24T12:00:00.000Z
- Category: geopolitics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/55055-ice-weekly-outlook-don-t-expect-china-to-buy-if-huawei-exec-goes-free-agcanada
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Continued Chinese import restrictions keep Canadian canola export demand impaired, so any delay in resuming purchases keeps canola meal and seed prices under pressure.

## Sources

- agcanada.com: https://www.agcanada.com/daily/ice-weekly-outlook-dont-expect-china-to-buy-if-huawei-exec-goes-free

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