The World Gold Council's second-quarter report shows the average gold price 8% below the first-quarter record but still 37% above a year earlier, with first-half demand at 2,522 tonnes worth a record $380 billion. A Reuters survey of 29 analysts and traders cut the median 2026 forecast to $4,509 an ounce, the first downgrade since the end of 2023.
Spanish vehicle exports dropped 15.3% year on year in August to 57,878 units, with shipments to the United Kingdom down 64.2%, according to Anfac data reported by ABC. Eight-month exports fell 2.8% to 1,235,865 units and production slipped 1.8% to 1,452,791 vehicles. Anfac still projects full-year output of around 2.25 million vehicles.
Chinese manufacturer UBTech Robotics is configuring its new plant in Liuzhou, Guangxi, for an annual capacity of 10,000 humanoid robots, assembled with automated processes supported by Siemens. The target sits far above demonstrated industrial demand: only 7,000 humanoid robots were delivered for industrial use in all of 2025. Goldman Sachs nevertheless forecasts 6.48 million units by 2035.
The national commission on autumn-sown beet varieties stopped registering new varieties for southern Spain at its 21 September meeting, leaving Andalusia without a 2026 beet campaign. Area has fallen from more than 50,000 hectares in the early twentieth century to 6,000 in 2024/2025, while sugar prices dropped 35% in under two years. AB Azucarera has invested 24 million euros in Jerez to process imported cane instead.
Zvijezda, one of Croatia's oldest food companies, marked 110 years of operations with annual revenue of about €150 million, more than 400 employees and sales in over 15 markets. The anniversary falls in the year the company became part of Žito Group. In mayonnaise, Zvijezda says its domestic market share exceeds 70 percent.
Russian and Indian agribusiness leaders met in Moscow on September 22 to discuss expanding exports of yellow peas and lentils to India. IPGA chairman Bimal Kothari said India's pulse imports could rise by about 8 million tonnes by 2030 as demand grows to 38-40 million tonnes.
The six-year Advancing Local Dairy Development in Nigeria programme has closed after enrolling 63,261 smallholder farmers across seven northern states and linking them to formal processors. Participants supplied more than 15 million litres of milk and recorded sales above ₦6 billion. A 2026 audit found the share of non-viable cooperatives fell from 33% to 8%.
Glass packaging producers, recyclers, waste operators, municipalities and brands have formed Close the Glass Loop Bulgaria. The platform will develop a national action plan to improve collection volumes, cullet quality and coordination across the supply chain.
Russia's share of India's crude oil imports declined in August while volumes from Middle East producers increased. Tightening sanctions pressure on Russian barrels and the shipping, insurance and payment chains around them is cited as the main reason. India is the world's third-largest crude importer, so the change registers across global oil trade flows.
Thailand’s Commerce Ministry is matching feed manufacturers with farmer organizations to purchase 7,400 tonnes of maize grown without field burning. Five buyer-seller pairings are planned, with mills paying 0.05 baht per kilogram above the market price.
Iran says digitizing its bread subsidy system has generated savings of $2.7 billion. The policy is also changing flour allocation, with the monthly quota for some unsubsidized bakeries reportedly capped at 300 bags.
Côte d'Ivoire is developing a $46 million project to strengthen its domestic flour milling industry, Agence Ecofin reports. The country is the second-largest market for imported wheat in the UEMOA bloc after Senegal and grows no wheat of its own, making milling the only stage of the chain where local value is added.
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