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Story summary
- Australian Oilseeds (COOT) surged over 300% after President Donald Trump threatened to cut cooking oil imports from China.
- On October 14, COOT rose 46.2% in regular trading and 248% after-hours, reaching about $4.00 by October 15.
- Trading volume jumped from 503,000 shares on average to over 89 million shares.
- Origin Agritech and Arcadia Biosciences gained, though experts caution the rally may be speculative because China’s domestic oil supply exceeds demand.
