Canada says China importer to buy more canola oil

Saturday, December 05, 2009

WINNIPEG, Manitoba (Reuters) - China's state-owned Sinograin will increase Canadian canola oil imports next year, the Canadian government said on Saturday after failing to secure broader access to the market for Canada's exports of the oilseed.

Sinograin, which manages China's grain reserves, plans to import 350,000 metric tones of Canadian canola oil in 2010, an increase of 200,000 metric tones, the Canadian government said in a statement. Full Story


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