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Talks between Canada and China this week are expected to review their current tariff arrangement. The review comes ahead of year-end expiries of Canadian remissions on certain Chinese steel and aluminium products and of Chinese tariff relief on Canadian canola meal, crabs, lobsters and peas.
If Chinese tariff relief on Canadian canola meal lapses or stays restricted, Canadian meal would face continued export barriers, keeping supply diverted and prices pressured relative to alternatives.
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.