Indian rapeseed meal exports soar as China replaces Canadian canola supply

게시됨 2025년 6월 23일

Tridge 요약

China is set to make record purchases of rapeseed meal from India following Beijing’s move to impose a 100 per cent retaliatory tariff on Canadian canola imports, senior industry officials said. Why it matters: China, a key importer of Canadian canola, has placed a 100 per cent tariff on canola oil and meal. India’s rapeseed meal exports will help

원본 콘텐츠

China is set to make record purchases of rapeseed meal from India following Beijing’s move to impose a 100 per cent retaliatory tariff on Canadian canola imports, senior industry officials said. Why it matters: China, a key importer of Canadian canola, has placed a 100 per cent tariff on canola oil and meal. India’s rapeseed meal exports will help China, the world’s top consumer, replace canola imports from Canada while easing pressure on local rapeseed prices in India where there are large stockpiles of the widely used animal feed. “Indian rapeseed meal is very competitive compared to other origins. That’s why China has been increasing purchases since March,” B.V. Mehta, executive director of the Solvent Extractors’ Association of India, told Reuters. India’s rapeseed meal exports to China are likely to jump to a record 500,000 metric tons in the 2025/26 marketing year which started in April, up from the last year’s 60,759 tons, Mehta said. In the first two months of 2025/26, ...

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