Zhengzhou rapeseed meal and oil contracts jumped on Monday, the first day of trade since China decided to impose 100% tariffs on imports of those products from Canada.

On the first day of trading since China's decision to impose 100% tariffs on imports of rapeseed meal and oil from Canada, Zhengzhou rapeseed meal and oil contracts experienced a significant surge.

China is set to impose tariffs on some Canadian goods in retaliation to Canada’s levies on Chinese electric vehicles and metals as the global trade war heats up. View on euronews

Zhengzhou rapeseed meal futures surged 6% at market open on Monday, the first day of trade since China's government announced tariffs on imports of rapeseed oil, oil cakes and other farm products from Canada.