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flag Canola futures rose on speculation China may lift tariffs if Canada removes tariffs on Chinese EVs, despite no official confirmation.

flag Canola futures rose on Tuesday amid growing speculation that China may lift tariffs on Canadian canola if Canada removes its tariffs on Chinese electric vehicles, though no official confirmation was made. flag The Canadian dollar weakened, supporting prices, while harvests across the Prairies neared completion. flag Gains were limited by losses in related oil markets and ongoing trade tensions, including China’s 100% tariff on canola oil and meal since March 2025. flag Trading volume increased, with spread activity dominating. flag Markets remain cautious ahead of upcoming diplomatic talks.

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