Australia is preparing to send test batches of canola to China after a multi-year ban
Canberra is negotiating with Beijing to send five trial shipments of canola in a first step toward lifting a multi-year ban, sources told Reuters.
China, the world’s largest canola importer, buys most of its canola from Canada, but those shipments could be curtailed by Beijing’s anti-dumping probe. China has imposed 100 percent tariffs on Canadian canola meal and oil this year amid diplomatic tensions.
Australia, the world’s second-largest canola exporter, lost market access to China in 2020, largely because of China’s phytosanitary requirements over blackleg fungus.
Chinese and Australian officials are finalizing a framework agreement to implement Beijing’s phytosanitary requirements to prevent the fungus from spreading, industry sources told Reuters.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Official Release – December 17th! Crop & Price Navigator 2026/27
Ukraine’s harvest nears completion: Total grain output exceeds 56 mln tons
Wheat heads for worst week since June on global oversupply
‘Soybean GPT’ lands South Korea’s agriculture ministry in awkward situation
Thailand purchases 65 thsd tons of Argentine feed wheat
Write to us
Our manager will contact you soon