Market News

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

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| Energy & Fuels

Russia Estimates Need for About 2 GW of Grid-Scale Battery Storage

Russia’s power system may need about 2 GW of electrochemical energy storage to address medium-term electricity deficits, Elec.ru reported, citing an analytical report. The estimate indicates a potential market for battery systems, power-conversion equipment and grid integration services, but no timetable, project list or investment figure was disclosed.

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Daniel Brooks
Lead Energy Markets Analyst
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| Energy & Fuels

Indonesia seeks new crude suppliers after losing 25% of import sources

Indonesia is approaching oil-producing countries with surplus supply after conflict in the Middle East eliminated 25% of its import sources. Direct purchases may cost more than conventional tenders, while the government intends to keep subsidized fuel prices unchanged.

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Priya Raghavan
Energy Markets Analyst
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| Food & Beverages

Russian juice exports to the US jump sevenfold but remain small

Russian fruit and vegetable juice exports to the United States reached $210,100 in August, their highest monthly value since February 2016. Shipments rose more than sevenfold year on year, but Russia remains a minor supplier in a market where Brazil accounts for over 38% of imports.

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Isabella Romano
Lead Food & Beverage Analyst
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| Trade Policy & Macro

Poland’s packaging collection gains expose recycling and oversight gaps

Poland’s deposit-return system has demonstrated strong collection capacity, but fragmented data and weak demand for recycled material are limiting assessment of its wider performance. Industry representatives are seeking clearer settlement rules, central oversight and safeguards for unclaimed consumer deposits.

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

French sheep sector seeks response to one-million-lamb supply gap

France’s sheep industry says the domestic market is short of one million lambs. Producers and agricultural officials in Pays de la Loire are examining forage management, herd rebuilding and production measures to strengthen supply.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

South Korea Probes Chicken Pricing After Poultry Costs Fall 26%

South Korea’s Fair Trade Commission has inspected major fried-chicken franchise operators over possible price coordination as wholesale poultry prices retreat. Chicken used by restaurants was 26.1% cheaper than its March level, but leading menu prices remained in the low-to-mid 20,000-won range.

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David Okafor
Food & Beverage Analyst
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