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- Does China Import rapeseed?
- China relies on top grower Canada for more than 70% of its rapeseed meal imports and nearly all of the oilseed imports. Rapeseed is also known as canola. For now, China has ample supply of rapeseed, meal and oil after hefty imports in the fourth quarter last year, buffering against an immediate supply shock.
- Is there a rapeseed shortage in China?
- Rapeseed is also known as canola. For now, China has ample supply of rapeseed, meal and oil after hefty imports in the fourth quarter last year, buffering against an immediate supply shock. But traders and analysts warned of an impending shortage by the third quarter of this year when the stockpile depletes. LIMITED INTERNATIONAL AVAILABILITY
- What is rapeseed used for?
- Rapeseed is an oilseed crop which is processed into oil for cooking and a variety of other products, including renewable fuels, while the remaining rapeseed meal is used as high-protein animal feed and fertilizer. China relies on top grower Canada for more than 70% of its rapeseed meal imports and nearly all of the oilseed imports.
- Why have rapeseed meal futures jumped 8%?
- Rapeseed meal futures traded on the Zhengzhou Commodity Exchange have jumped more than 8% since Beijing announced on Saturday a 100% retaliatory tariff on imports of rapeseed meal and oil from Canada effective March 20. "The introduction of this tax increase policy instantly broke the original trade balance," consultancy Mysteel wrote in a note.
- Should China rely more on Rapeseed meal or soybean meal?
- In order to make up for the supply gap, the market may rely more on domestic rapeseed meal or turn to soybean meal, Rosa Wang, analyst at Shanghai-based agro-consultancy JCI, said. The majority of animal feed producers in China rely on soymeal as a key protein source. However, some industries, particularly aquaculture, prefer rapeseed meal.
