# Mysteel data: imported rapeseed landed cost and crush margin (20261112)

> On November 12, Canadian rapeseed for January 2027 delivery was quoted at $625/t CNF China, which Mysteel converts to a duty-paid landed cost of 5,293 yuan/t at an exchange rate of 6.6338. Zhengzhou January 2027 meal and oil were 2,238 yuan/t and 9,642 yuan/t, giving a futures crush margin of -167 yuan/t, while the spot crush margin was 62 yuan/t. The notes cite a 14.9% tariff and a 5.9% anti-dumping duty on Canadian rapeseed imposed for five years.

- Date: 2026-11-12 · published 2026-11-12T09:07:02.332Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/95234-mysteel-data-imported-rapeseed-landed-cost-and-crush-margin-20261112
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A negative futures crush margin at a high landed cost discourages crushing of imported Canadian seed, which weighs on meal supply. The duties keep Canadian origin expensive relative to other sources.

## Read by commodity

- CANMEAL: neutral

## Sources

- ncp.mysteel.com: https://ncp.mysteel.com/a/26111215/E42F7BC433133A92.html

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