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

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| Trade Policy & Macro

Vietnam exporters face EUDR deadline as VCCI urges supply-chain data overhaul

The EU Deforestation Regulation applies to large and medium-sized companies from 30 December 2026 and to small and micro enterprises from 30 June 2027, covering more than 80 tariff lines across seven commodity groups. Vietnamese exporters of coffee, rubber and wood are not directly in scope but hold the data EU importers need for due diligence. VCCI told a Hanoi seminar the deadline should be used to rebuild traceability from the plot to the container.

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Yusuf Demir
Senior Trade Policy Analyst
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| Trade Policy & Macro

Thailand and US still split on market access as pork blocks tariff deal

Thai Foreign Minister Sihasak Phuangketkaew said Thailand and the United States remain divided over market opening in their tariff negotiations, with access for US pork one of the main obstacles. A leader-level call expected on 17-18 September did not take place and no new date has been set. Thailand faces a 12.5% US tariff and is asking for the 10% rate applied to Indonesia and Malaysia.

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Yusuf Demir
Senior Trade Policy Analyst
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| Trade Policy & Macro

Uruguay presses Brazil over stalled milk powder antidumping case

More than three months after Brazil formalised the suspension of antidumping duties on milk powder from Uruguay and Argentina, the case remains open. Uruguay raised the delay at the Mercosur Common Market Group in Montevideo, saying it creates uncertainty for exporters, according to Búsqueda. Brazil set out a timetable running to late October 2026.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Agriculture: Crops & Grains

Thai farmers oppose amendment of Plant Variety Protection Act over seed-saving rights

The Thai Farmers and Agriculturists Association has come out against a proposed amendment to Thailand's Plant Variety Protection Act B.E. 2542, the law in force since 1999. The group says the revision could weaken farmers' right to save seed from their own harvest and replant it, and is demanding the government state plainly what farmers gain and what they lose. The association is separately pressing for a new round of per-rai relief payments.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Energy & Fuels

Iraq exports surplus fuel oil through Jordan under SOMO ex-depot contracts

Iraq's Oil Ministry says the State Oil Marketing Organization (SOMO) has signed contracts with companies buying fuel oil on an ex-depot basis and exporting it through Jordan to global markets. Ministry spokesman Salim al-Rikabi disclosed the arrangement but gave no volumes, buyer names or pricing terms. The structure shifts all transport cost and risk from Baghdad to the purchasing traders.

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Priya Raghavan
Energy Markets Analyst
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| Agriculture: Crops & Grains

Vietnam is the world's third-largest rubber exporter but holds little pricing power

Natural rubber futures in Asia firmed over the first 20 days of September 2026, but Vietnam's export ranking has not turned into influence over prices. The country accounts for about 14% of world rubber exports and 9% of output, while shipments to China fell 30.1% by volume in eight months.

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

European Demand Extends Egypt's Orange Export Season Three Months Past Its Usual June Close

Egyptian orange shipments have continued into September, roughly three months beyond the campaign's customary June finish, with fruit still being loaded for export. Economy Plus attributes the extended season to sustained European demand, and reports that loading continued even as available stocks neared exhaustion.

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

Peru and Chile fishmeal output falls 49%, lifting global feed prices to USD 2,500 a tonne

Fishmeal production in Peru and Chile dropped 49% year on year between January and July 2026, with fish oil output down 30%, according to IFFO figures reported by Infobae. International fishmeal prices reached USD 2,500 per tonne FOB in early September, up from levels near USD 1,620. Aquaculture, which absorbs around 70% of global fishmeal, is the most exposed sector.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

Egyptian food prices hit record highs as pound weakness outpaces global markets

Egyptian consumers are facing food costs at an unprecedented domestic record, even though world food commodity prices remain far from their own peaks, according to Economy Plus. The outlet attributes the divergence to the Egyptian pound rather than to international markets. The currency channel now dominates price formation for importers, processors and retailers.

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David Okafor
Food & Beverage Analyst
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