
China will open an anti-dumping probe into rapeseed imports from Canada in response to Canada's tariffs on Chinese electric vehicles, steel and aluminum. More than 90% of China's rapeseed imports last year came from Canada, totaling 5.05 million tons.
Zhengzhou rapeseed meal and oil futures rose at least 6%, while North American canola fell by the exchange limit.
Trade restrictions threaten Canada's largest canola export market, pressuring canola and canola meal prices on glut fears. Higher Chinese domestic futures show the disruption to supply chains.
Not enough comparable past events yet for a historical read.
Not 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.