China sets up due to shortage of vegetable and vegetable meals after 100% responsibility in Canada's top supplier
Authors Ella Cao and Mei Mei Chu
Beijing (Reuters) – China is likely to face a shortage of dormant-barrel meals due to Beijing’s tariffs on goods from Canada’s top exporters, and it is unlikely to make up for the deficit due to alternative sources.
Since March 20, Beijing has announced that imports of sauna and oil from Canada have risen by more than 8% from March 20.
“The introduction of tax increases policy immediately broke the original trade balance,” consulting firm Mysteel wrote in a note.
Since the anti-dumping investigations on Canadian freight began in September, China's tariffs on rapeseed meals and oil have surprised the industry, which is expected to assume higher responsibilities on oil seeds.
“Everyone expects authorities to announce their duties to Rapeseed, but we are all surprised when this announcement of oil and meals,” said a businessman in Singapore. “This will hit feed processors violently when they are considering importing large quantities of Canadian meals instead of oil seeds.”
Rapeseed is an oil seed crop used in cooking oils and a variety of other products, including renewable fuels, while the remaining rapeseed powder is used as high-protein animal feed and fertilizer.
China relies on imported rapeseed vegetables from Canada's top growers and imports of almost all oil. Rapeseed is also known as rapeseed.
Currently, after large imports were imported in the fourth quarter of last year, China has sufficient supply of vegetables, meals and oil to prevent immediate supply shocks.
But traders and analysts warn of an impending shortage by the time inventory runs out in the third quarter of this year.
Limited international availability
Chinese customs allows imports of vegetables from 11 countries, including Russia, Kazakhstan, Pakistan, Japan, Ethiopia, Australia, India and Belarus, providing options for alternative supplies.
However, the availability of this product in the international market is limited.
According to customs data, China imported 2.02 million tons of the meal from Canada in 2024, followed by 504,000 tons from the United Arab Emirates and 135,000 tons from Russia.
Businessmen and analysts say some of China's demand may shift to Russia, Ukraine or India, but these countries are unlikely to be able to fully satisfy Chinese appetite.
“No country has the size of Canada,” said Ole Houe, director of commodity consulting services at Icon, Sydney.
