Canadian canola prices fall sharply amid Chinese tariffs
New-crop Canadian canola prices fell to a four-month low of C$650.30 per tonne, down more than 7% over the past two weeks.
Pressure on prices comes as China imposes 75.8% anti-dumping duties on the market on August 14.
The tariff, based on preliminary findings of an investigation into the commercial version of Canadian canola, is in addition to the existing 100% duty on Canadian canola oil and meal, effectively closing the Chinese market to Canadian oilseeds and their by-products.
According to Oil World (Germany), Canadian canola exports to China in April-June 2025 fell to 0.77 million tons, compared to 1.72 million tons a year earlier and 0.97 million tons in January-March 2025.
The crisis highlights the volatility of global oilseed supply chains and creates opportunities for Ukrainian suppliers as well.
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