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Chinese oilseed buyers bought about one million tonnes of Australian canola at $695-705 per tonne cost and freight, for arrival in early 2027. Chinese duties on Canadian canola have fallen to 14.9%, against a 9% standard rate on Australian product.
Large Chinese purchases of Australian canola divert demand from Canadian supply and support Australian oilseed prices. The lower tariff gap favours Australian origin, which supports canola meal and oil demand from Australia.
hotofood.comNov 2, 2026Not 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.
