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Commodity and industrial market news — prices, production, trade and regulation — with expert analysis

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| Logistics & Freight

Iran plans Norduz border upgrade to expand road access to Eurasian markets

Iran plans to expand the Norduz terminal, its only direct land crossing with Armenia, to handle more than 1,000 transit trucks and 2,500 passengers per day. The project targets faster customs processing and stronger road links to Armenia, Georgia, the Black Sea and Eurasian markets.

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Fatima Al-Rashid
Logistics & Freight Analyst
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| Agriculture: Crops & Grains

Romanian wheat nears 240 euros per tonne as Constanta decouples from falling futures

Bread wheat at Constanta gained 3 euros to 237 euros per tonne DAP while MATIF and Chicago corrected lower, according to agrointel.ro. The move tracks the EU proposal for a moratorium on Black Sea attacks and a collapse in Russian shipments to about 1 million tonnes in September against 5.7 million a year earlier.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

Drought Cuts Quality and Delays Harvest of Serbia’s Record Plum Crop

Serbia is heading for an exceptionally large plum crop, but drought and high temperatures have slowed ripening and reduced fruit size and quality in some orchards. With farmgate prices at 20-25 dinars per kilogram, producers are directing more fruit toward rakija and considering drying as an alternative outlet.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

Ukraine seeks temporary grain storage in Poland under customs control

Ukraine is examining Polish restrictions on using customs warehouses and silos for grain moving through Poland to third countries. A bilateral business chamber proposes allowing temporary storage under continuous customs supervision, while Polish concerns center on preventing sensitive commodities from entering the domestic market.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

Moldova's agriculture minister proposes a full halt to exports to Russia and Belarus

Agriculture Minister Eugeniu Osmochescu has called for a complete end to Moldovan exports to Russia and Belarus as a demonstration of Chisinau's commitment to international sanctions. He acknowledged that an immediate ban would hurt exporters and proposed a support programme to redirect them into the EU market. No formal decision has been taken.

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Rajesh Nair
Chemicals & Fertilizers Analyst
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| Food & Beverages

Sri Lankan Tea Auctions Hold Firm as 5.2 Million Kilograms Reach the Market

Sri Lanka’s tea auction market maintained a positive tone with 5.2 million kilograms offered, according to a September 18 market report. The result provides a measure of stability for exporters and buyers, although the available information does not include prices, sales volumes or grade-level demand.

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David Okafor
Food & Beverage Analyst
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| Agriculture: Crops & Grains

Biofuel expansion puts the global corn market under pressure as IGC and USDA cut 2026/27 forecasts

A Chatham House and Forest Stewardship Council study expects global biofuel production to grow by almost 70% by 2030 versus 2025, lifting demand for corn, sugarcane and vegetable oils. The IGC cut its 2026/27 world corn forecast to 1.301 billion tonnes and the USDA to 1.29 billion tonnes. Brazil heads for a record 148 million tonne crop, but domestic ethanol use absorbs a growing share of it.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Chile's milk intake rises 4.1% to 968.9 million litres as top five processors reach 92.5% share

Industrial milk reception in Chile reached 968.9 million litres between January and May 2026, up 4.1% or 38.5 million litres year on year. Colún and Soprole-Prolesur absorbed most of the growth and together hold more than 60% of national intake, while the five largest processors concentrate 92.5%.

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Isabella Romano
Lead Food & Beverage Analyst
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