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| Energy & Fuels

Kraków begins 886 million zloty gas cogeneration build with Unibep and SBB Energy

Construction of a new gas-fired cogeneration source has started at the Kraków combined heat and power plant, strefabiznesu.pl reported. The 886 million zloty contract is being delivered by a consortium of two Polish companies, Unibep and SBB Energy. The stated aim is to cut coal use at the site while keeping the city's heat and power supply intact.

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Daniel Brooks
Lead Energy Markets Analyst
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| Energy & Fuels

Coal India's e-auction premiums hit 59% as power plant stocks fall to nine days

Coal India has recovered almost all the losses that followed a soft June quarter, helped by e-auction premiums of 59% over notified prices in August and power plant inventories down to about nine days. Morgan Stanley upgraded the miner to 'overweight' with a ₹480 target, but e-auction volumes have fallen to 8.3 million tonnes from 13.3 million tonnes in March.

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Priya Raghavan
Energy Markets Analyst
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| Food & Beverages

Global Tomato Market Splits by Origin as European Seasons Change

Tomato supply and prices are diverging across origins as European growing regions switch seasons, according to FreshPlaza. Dutch and Belgian volumes are recovering with average prices at 1.56 EUR/kg for vine tomatoes, while Sicilian growers are asking 4.20-5.80 EUR/kg amid scarce supply. Spain expects greenhouse area of about 13,500 hectares for 2026/2027, a slight decline.

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Isabella Romano
Lead Food & Beverage Analyst
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| Agriculture: Crops & Grains

ARN Foods acquires 120-tonne-per-day rice mill in Abuja as Lagos plant nears completion

A.R.N. Foods Limited has bought a rice milling facility in Abuja with a rated capacity of 120 metric tonnes per day, in a deal the company described as multi-billion-naira. Production has already started at the plant, which can process up to 3,000 bags of rice daily. A second mill in Epe, Lagos State, is more than 90 per cent complete and is scheduled to launch in December 2026.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Trade Policy & Macro

Indonesia-EU CEPA to cut tariffs to 0% in 2027, with palm oil and coffee named as main gainers

Indonesia and the European Union are set to remove import duties on a broad range of Indonesian goods under the IEU-CEPA agreement, with tariffs falling to as low as 0% in 2027, according to Bisnis.com. Palm oil and coffee are named among the flagship products expected to gain the most. The report does not specify tariff lines, staging periods or an entry-into-force date.

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Yusuf Demir
Senior Trade Policy Analyst
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| Food & Beverages

Russia plans to raise beer and wine excise duties in 2027, Interfax reports

Excise rates on beer and wine in Russia are set to rise by 6% and 6.8% respectively in 2027, Interfax reported citing sources. Duty on strong beer would move from 33 to 35 rubles per litre and still wine from 148 to 158 rubles per litre, with further annual steps through 2029. Winemakers have limited room to absorb the increase because reclaimed excise is earmarked for vineyard investment.

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Isabella Romano
Lead Food & Beverage Analyst
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| Chemicals & Fertilizers

Global fertilizer prices resume climb as Italian exchanges lag the move

International quotations for the main nitrogen fertilizers have turned higher again, with a sharp acceleration in recent days tied to the hardening US-Iran conflict, AgroNotizie reports. Italy's regulated exchanges are reacting more cautiously: Turin urea 46% fell 40 euros per tonne month on month to 620-630 euros, while triple superphosphate jumped 80 euros to 725-735 euros. Against pre-war February levels, the residual premium on Turin urea is 6.84%.

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Katrin Vogel
Lead Chemicals & Fertilizers Analyst
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| Agriculture: Crops & Grains

EU mobilises over €73 million from the agricultural reserve for Italian poultry, egg and pig farmers

EU member states have approved a European Commission proposal to release more than €73 million from the agricultural reserve to compensate Italian farmers hit by avian influenza and African swine fever. Poultry and egg producers receive €61 million for outbreaks between September 2022 and March 2025, while pig meat producers receive €12.5 million for African swine fever outbreaks between November 2024 and April 2025. National authorities must distribute the aid by 31 May 2027 at the latest.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Polish nationwide bakery check finds irregularities at 48 of 80 producers and shops

A nationwide inspection of packaged bakery products in Poland found irregularities at 48 of the 80 producers and retail outlets checked, or 60 percent of cases. The results of the audit by the Agricultural and Food Quality Inspection (IJHARS) were published on 24 September. Hot dog buns, toast bread, pinsa bases, pita breads and tortillas were among the products sampled.

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Isabella Romano
Lead Food & Beverage Analyst
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| Agriculture: Crops & Grains

Indian rice shipments rejected overseas over residues, contamination and certification gaps, IREF says

The Indian Rice Exporters Federation says consignments of Indian rice are being rejected in overseas markets because of pesticide residues, contamination and certification gaps. The federation frames the problem as a supply-chain compliance issue rather than a series of isolated incidents, and points to stronger testing, traceability and documentation as the fixes needed to protect trade flows.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Energy & Fuels

Syria needs $831 million a month for fuel, energy minister says

Syrian Energy Minister al-Bashir said the country requires about $831 million a month to cover its oil and fuel needs. Daily consumption runs at roughly 12 million litres of diesel and 8 million litres of gasoline, while power plants and industry burn around 8,500 tonnes of fuel oil a day. The figures were presented as the baseline for a plan to move toward energy self-sufficiency.

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Priya Raghavan
Energy Markets Analyst
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