China has introduced a temporary duty of 75.8% on Canadian canola, causing futures to drop by 4.6%

게시됨 2025년 8월 13일

Tridge 요약

China has introduced a temporary duty of 75.8% on Canadian canola, which caused futures to drop by 4.6% and increased pressure on rapeseed prices in the EU.

원본 콘텐츠

The Ministry of Commerce of China announced that the anti-dumping investigation initiated in September 2024 found that Canada's agricultural sector, specifically the canola industry, benefited from significant government subsidies and preferential policies. Therefore, starting from August 14, 2025, China is imposing preliminary anti-dumping duties on the import of Canadian canola at a rate of 75.8%. This came as a complete surprise to the market, and November futures for canola fell by 4.6% to 650 CAD/t or 472 $/t (-4.6% for the month), after which rapeseed quotations on the Paris exchange decreased by 1.5%. The reason for the new escalation in the annual trade dispute, which began with Ottawa imposing tariffs on the import of electric vehicles from China in August 2024, is currently unclear, as in June 2025, Chinese Premier Li Qiang stated during a phone call with Canadian Prime Minister Mark Carney that there were no deep conflicts of interest between the countries. China, the ...
출처: Graintrade

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