25 May 2025, Sun

China boght 52000 tonnes of rapeseed meal from India in the last three weeks

China-India: After imposing heavy tariffs on Canadian agriculture and food products, China has bought 52,000 tonnes of rape miles from India in the last three weeks. The import of rapeseed miles from India in place of Canada will help China. Explain that rapeseed is a kind of crop, which removes oil from the ground of seeds and the rest is used as fodder for cattle. In addition, it is used to make biodiesel. It is also done in the chemical and automotive industry.

India is the third largest producer of rapeseed

After China and Canada, India is the largest producer of rapeseed in the world. A big exporter official said, “After imposing tariffs on its supply from Canada, China has now started showing interest in India.”

Let us know that last year, Canada applied 100 % on Chinese electric vehicles and 25 percent tariffs on aluminum and steel products. In response to this, China has imposed 100 percent tariffs on Canadian rapeseed miles, pork and aquatic products, which have been implemented since March 20.

China bought rape from India so much

According to information received by sources, he has purchased rapeseed miles from India at the rate of $ 220 to 235 per metric. According to customs data, in 2024, China bought 2.02 million metric tonnes from Canada, 135,000 tonnes from Russia from Russia, 504,000 tonnes from the United Arab Emirates. According to the information received from the source, the demand for rapeseed miles from China is very high. This purchase of China will continue for the next few months. Apart from China, rapeseed miles from India are also exported to South Korea, Bangladesh, Thailand and Vietnam.

Also read:

‘We will not back down …’ China said openly on America’s tariff, gave a befitting reply to Trump from this video

Source link

By Admin

Leave a Reply

Your email address will not be published. Required fields are marked *