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

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| Energy & Fuels

Crude oil falls on reports of Iran-US talks as India watches fuel costs

International crude oil prices declined following reports of talks between Iran and the United States. The movement could ease input costs for major importers such as India, although the available source material does not confirm any change in retail petrol or diesel prices.

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Priya Raghavan
Energy Markets Analyst
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| Agriculture: Crops & Grains

Lower-priced Australian beef could increase competition in Canada

Australian beef is being offered at Alberta grocery stores at prices well below comparable Canadian meat. The imports could increase retail competition and help limit further price pressure in Canada, although the available information does not disclose volumes, cuts or price levels.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Energy & Fuels

Indonesia’s coal export curbs push mining into contraction in Q2 2026

Indonesia’s mining industry was the only business sector to contract in the second quarter of 2026, according to BPS data reported by Suara.com. The statistics agency linked the decline to restrictions on coal exports, highlighting the domestic impact of policies limiting access to overseas buyers.

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Priya Raghavan
Energy Markets Analyst
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| Agriculture: Crops & Grains

Russia’s grain and oilseed trade shifts toward Asia through the Far East

Lower margins on traditional crops, export duties and western logistics constraints are reshaping Russia’s 2026–2027 planting and trade strategy. The Far East is expanding beyond soybeans into corn and processed oilseed products aimed at China and Southeast Asia.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

JFX says a credible palm oil reference price requires transparent, liquid and continuous trading

Jakarta Futures Exchange president director Yazid Kanca Surya said a strong palm oil reference price must be formed through transparent, liquid and continuous transactions, investor.id reported. The statement places the exchange inside Indonesia's long-running debate over how its palm oil benchmark should be set. No timeline or contract details were disclosed.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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