4 days ago
China Rapeseed Meal Surges After Duty on Canada Canola Imports
Rapeseed meal prices in China jumped the most in two years on supply concerns after Beijing decided to place levies on imports of canola from top grower Canada following an anti-dumping probe.
Most-active futures surged as much as 6.4% — the biggest intraday gain since July 2023 — on the Zhengzhou Commodity Exchange, before surrendering some gains. Rapeseed is known as Canola in Canada.