3个月来首笔！中国从加拿大下单

Core Viewpoint - A Chinese importer has purchased approximately 60,000 tons of Canadian canola seeds, marking the first transaction since October of the previous year, following Canadian Prime Minister Carney's visit to China [1][4]. Group 1: Trade Developments - The deal is expected to be shipped on a Panamax bulk carrier after March, coinciding with the anticipated reduction of tariffs on Canadian canola seeds [1]. - Following the visit, it is reported that the comprehensive tariff on Canadian canola seeds will be reduced to about 15% by March [4]. - The Canadian government anticipates that the value of canola seed exports to China will reach nearly CAD 5 billion (approximately RMB 25.77 billion) in 2024, although this figure is expected to decline to less than half by 2025 due to trade tensions [4]. Group 2: Market Reactions - The return of Chinese buyers to the Canadian market has led to a 2.4% drop in canola meal futures prices on the Zhengzhou Commodity Exchange, reaching a new low in over a year, indicating market expectations of increased supply [1]. - The Australian canola seeds have filled the market gap left by Canada, creating uncertainty for Australian exporters as Canadian canola returns [2]. Group 3: Industry Perspectives - The Canadian agriculture and food trade alliance (CAFTA) has welcomed the recent developments, viewing them as a significant step towards restoring stability in bilateral trade relations with China [5]. - Industry leaders express optimism that improved market access to China will directly influence Canadian farmers' planting decisions and long-term investments [5]. - The Canadian Canola Council and the Canadian Canola Growers Association view the agreement as a milestone and are hopeful for the complete restoration of canola seed trade [6].