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

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| Chemicals & Fertilizers

Russia Plans Critical Polymers Complex Worth More Than 21 Billion Rubles

Russia plans to build a high-technology complex producing polymer granules for textiles, automotive components, engineering plastics, electronics and medical applications. The project will cost more than 21 billion rubles, including over 5.8 billion rubles in concessional government financing during the next six years.

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Rajesh Nair
Chemicals & Fertilizers Analyst
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| Machinery & Automotive

Polish Rail Industry Targets Western Europe as 2024 Exports Near $2 Billion

The Polish Investment and Trade Agency says the country's railway industry is shifting from component supplier to independent European player, exporting to more than 100 markets with an export value of almost $2 billion in 2024. Germany, which takes about a quarter of Polish foreign trade, is the priority market, with NEWAG starting Griffin locomotive authorisation and PESA signing a strategic agreement with Hitachi Rail in 2026.

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Henrik Johansson
Senior Machinery & Automotive Analyst
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| Chemicals & Fertilizers

Russian Steel Asks Ministry Not to Restrict Coal Benzene Exports

The ferrous metallurgy association Russian Steel has asked the Ministry of Industry and Trade not to limit exports of coal-derived benzene, Kommersant reports. Crude benzene is a by-product of coke production that plants can store for no more than a week on average because of explosion risk. A government commission is weighing a ban on exports of aromatic hydrocarbons to ease a feedstock shortage in domestic petrochemicals.

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Rajesh Nair
Chemicals & Fertilizers Analyst
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| Food & Beverages

Uttar Pradesh excise exports rise 45%, widening demand across the alcohol supply chain

Excise exports from Uttar Pradesh have increased by 45%, extending the impact of the state’s alcohol industry from distilleries to agricultural inputs, packaging, storage and transport. The expansion could support demand for sugarcane, molasses and grain, although the available report does not specify the period, export value, volume or destination markets.

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David Okafor
Food & Beverage Analyst
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