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

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| Chemicals & Fertilizers

Pharmaceutical companies pull back from Greece as country units are folded into regional clusters

Multinational drugmakers are shutting or downgrading their Greek subsidiaries, converting them into parts of multi-country clusters, healthreport.gr reports. Bristol Myers Squibb is being merged into a European cluster with Italy and Spain, while Takeda, Amgen, Sanofi and Astellas have already made the same move and Lundbeck closed its Greek branch. The outlet expects fewer clinical trials and slower access to innovative therapies in Greece.

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

Ukraine’s buckwheat supply forecast falls nearly 30% as prices rise

Ukraine’s buckwheat supply may decline to 112,200 tonnes in 2026/27, leaving only 17,000 tonnes above estimated domestic consumption. Reduced acreage, a smaller harvest and stronger consumer demand are supporting further price increases.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Bosnia and Herzegovina Spends Over 50 Million KM on Ice Cream Imports in Eight Months

Bosnia and Herzegovina imported almost 6,500 tonnes of ice cream and other edible ice in the first eight months of this year for more than 50.3 million convertible marks, while exports reached about 1,087 tonnes worth 5.63 million KM. Import volume fell 8.9 percent year on year but the import bill rose 10.6 percent, according to Indirect Taxation Authority data. Croatia and Serbia supplied close to nine-tenths of the incoming volume.

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David Okafor
Food & Beverage Analyst
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| Electronics & Technology

New Import Shipments Push Some Iranian Budget Phone Prices Down by Up to 35%

Prices of some budget mobile phones in Iran have fallen by 30% to 35% following the arrival of new shipments and revised import allocations. The correction follows a 70% decline in mobile-phone imports during the first five months of the current year, while premium devices continue to face supply constraints.

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Ji-won Park
Electronics & Technology Analyst
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| Agriculture: Crops & Grains

Iran-Russia Agricultural Trade Nears $2 Billion as Seafood Access Faces Compliance Test

Russia’s agricultural trade with Iran totaled nearly $2 billion in January-June 2026, led by Russian grain and vegetable oil shipments. Iran is seeking wider access to the Russian seafood market, but Moscow says suppliers must meet its production-control and state-supervision requirements.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Textiles & Consumer Goods

Oil, the dollar and freight rates redraw the cotton trade map in Turkey and Egypt

Higher crude oil prices, a firm dollar and rising ocean freight costs are changing how Turkish and Egyptian spinning mills choose between cotton origins. Brazil holds more than 30% of world trade and shipped about 249,000 tonnes of ginned cotton to Turkey in 2024, against 106,600 tonnes from Greece, but longer transit and higher freight are eroding part of that advantage.

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Arjun Mehta
Consumer Goods Analyst
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| Agriculture: Crops & Grains

UAE Returns More Than 200 Refrigerated Containers of Iranian Produce

The UAE has returned more than 200 refrigerated containers carrying about 4,000 tonnes of Iranian fruit and vegetables, valued at nearly $3 million. No official reason has been disclosed, while the perishable cargo remains near Abu Musa Island in the Persian Gulf.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Textiles & Consumer Goods

Vietnam and Poland Explore Furniture Supply-Chain Partnership

Vietnam and Poland are exploring closer cooperation in furniture manufacturing, combining Polish timber, components and machinery with Vietnam’s production base and access to Southeast Asia. Their furniture exports are valued at $3.7 billion and $3 billion, respectively.

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Charlotte Dubois
Senior Consumer Goods Analyst
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| Agriculture: Crops & Grains

Algeria's Biskra forecasts record date crop of 4.1 million quintals for 2026-2027

Agricultural services in the Algerian wilaya of Biskra expect date output to exceed 4.1 million quintals in the 2026-2027 season, roughly 410,000 tonnes and about 100,000 quintals more than the previous campaign. Deglet Nour alone is forecast at 2.6 million quintals, close to 60% of the total, with picking due to start in mid-October. The record crop arrives while regional cold stores still hold unsold volumes from last season.

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Martin Keller
Senior Agricultural Commodities Analyst
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