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

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| Agriculture: Crops & Grains

Philippine Plant Health Chief Backs Korean Grapes After Gimcheon Inspection

The director of the Philippine Bureau of Plant Industry said South Korea's pest management and quarantine procedures are well established and that no pests of concern were found during an inspection in Gimcheon, North Gyeongsang Province. He assessed Korean grapes as competitive in the Philippines and a possible alternative to fruit from the United States, China and Australia, Asia Today reported.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Chemicals & Fertilizers

Rabobank expects global phosphate fertilizer demand to fall 7% in 2026 as sulphur costs surge

Rabobank forecasts a 7% decline in global phosphate fertilizer demand in 2026, citing high prices, supply disruptions and rising production costs. A near 40% year-on-year drop in sulphur exports in the first half of 2026 pushed raw material prices to historic highs. Urea demand is seen down about 5%, while potash demand stays close to 2025 levels.

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Katrin Vogel
Lead Chemicals & Fertilizers Analyst
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| Energy & Fuels

Global coal consumption set to reach record 8.94 billion tonnes in 2026

The IEA expects global coal consumption to rise 1.2% to a record 8.94 billion tonnes in 2026, reversing its earlier forecast for a decline. Higher gas prices and electricity demand are supporting coal use, particularly in China, India and Southeast Asia, even as its share of power generation falls.

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Priya Raghavan
Energy Markets Analyst
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| Agriculture: Crops & Grains

Indonesia Backs Dairi Cabbage Export Program Targeting Asian Markets

Indonesia is developing an export-oriented cabbage supply chain in Dairi, North Sumatra, with initial shipments projected at 100-200 tonnes a month. The HDDAP program will focus on farm standards, post-harvest handling and producer organization, with Malaysia, Singapore and Taiwan among the target markets.

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

Russia’s grain harvest seen at 134-135 million tonnes as high yields offset delays

Russia’s grain harvest is forecast at 134-135 million tonnes, including 88.5 million tonnes of wheat, despite delays caused by weather and late spring sowing. High yields, strong Siberian wheat quality and a proposed export-duty moratorium could support shipments, while Kazakhstan is restricting Russian wheat imports.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Algeria and Qatar push Baladna infant formula plant toward construction

Algeria's industry ministry has reaffirmed state backing for the Qatari-Algerian Baladna infant formula project, reviewing outstanding procedures with a Power International Holding delegation. In parallel, state dairy group Giplait signed a memorandum of understanding with Belarus's Bellakt on a future infant formula joint venture. Both projects target Algeria's dependence on imported baby formula.

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David Okafor
Food & Beverage Analyst
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| Agriculture: Crops & Grains

Drought-driven maize losses affect more than 70,000 Central American households

More than 70,000 maize-growing households in El Salvador, Guatemala and Honduras reported crop losses during the 2026 primera season. Falling reserves, reduced farm employment and higher maize and egg prices are intensifying food-security pressure across the Central American Dry Corridor.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Trade Policy & Macro

Iran Sets Foreign-Exchange Value Caps for Staple-Food Imports

Iran has introduced benchmark foreign-exchange value caps for imports of feed corn, edible oils, soybean meal, frozen lamb and raw sugar. The limits will be used in order registration and automated approvals, with values varying by product, origin and, in some cases, transport route.

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Yusuf Demir
Senior Trade Policy Analyst
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