China, a major consumer of vegetable oils, recently bought a small volume of rapeseed oil from Europe for the first time in two years as it was cheaper than domestic prices, the China National Grain and Oils Information Centre (CNGOIC) said last week…Full-text article: BlackSeaGrain Apr 2013

Key point

  • Due to high domestic prices stemming from government farm subsidies, Chinese rapeseed importers are looking abroad to take advantage of lower prices

ChinaAg Comment

  • Also in April 2013, China allowed increased market access to Canadian canola (e.g. rapeseed) exporters

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