Market News

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

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| Trade Policy & Macro

Spain’s pharmaceutical trade deficit triples to €4.439 billion

Spain’s pharmaceutical trade deficit widened from €995 million in 2023 to €4.439 billion in 2024, the highest level in a decade. Imports reached €23.046 billion, while exports totaled €18.607 billion, leaving Spain with Europe’s second-largest deficit after Poland.

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

West Bengal plans potato shipment subsidy as 3-million-tonne surplus drives down prices

West Bengal is preparing a subsidy for cold-storage operators and traders shipping potatoes to other Indian states after a 3 million metric tonne surplus depressed farmgate prices. In Etah, Uttar Pradesh, only 13% of stored potatoes had left cold stores by 26 July, while wholesale prices remained below growers’ costs.

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

Top Agrar Polska publishes Poland rapeseed report for the 2026/27 season

Top Agrar Polska has released a report covering rapeseed supply, demand, stocks, trade and prices during 2025/26 and the opening outlook for 2026/27. The publication combines global and Polish market balances with MATIF comparisons, domestic price data and information from the 2026 harvest.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Trade Policy & Macro

Tunisian olive oil exempted from new US tariffs

Tunisian olive oil has been excluded from the latest US tariffs introduced by the Trump administration, Agenzia Nova reports. The exemption could improve Tunisia’s competitive position and influence sourcing decisions among US buyers.

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Yusuf Demir
Senior Trade Policy Analyst
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| Agriculture: Crops & Grains

Turkey sets 2016 hazelnut crop forecast at 468,000 tonnes

Turkey’s agriculture ministry estimated the country’s 2016 hazelnut crop at 468,000 tonnes. The forecast was announced by Food, Agriculture and Livestock Minister Faruk Çelik and provides an important supply signal for the global confectionery industry.

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Martin Keller
Senior Agricultural Commodities Analyst
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