# China likes Canada's canola, lumber
 - USA - Chinadaily.com.cn

> Paul Ferley of RBC said Canadian canola exports to China have grown significantly and are increasingly important, while China's demand for lumber is rising amid US protectionism. He noted that canola seed and oilseed exports to China have jumped sharply. China took 4.8 million tonnes of canola seed, oil and meal worth $2.7 billion last year.

- Date: 2017-07-27 · published 2017-07-27T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/69924-china-likes-canada-s-canola-lumber-usa-chinadaily-com-cn
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Sustained Chinese demand for Canadian canola supports canola meal and seed prices, though this is a commentary on existing trends rather than a new supply or demand shock.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- usa.chinadaily.com.cn: https://usa.chinadaily.com.cn/world/2017-07/27/content_30272581.htm

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