China's investigation into Canadian canola imports may lead to increased demand for Australian canola.
China's investigation into Canadian canola imports due to anti-dumping concerns may benefit Australia, the world's second-largest canola exporter. If China imposes tariffs, it might shift to Australian canola, provided it revises testing rules for blackleg, a fungal disease. With Chinese buyers hesitating on Canadian contracts, Australia could also capitalize on premium pricing in other markets, like the EU, for its non-modified crops.
October 01, 2024
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