Market News

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

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| Machinery & Automotive

VinFast-led EV sales reshape Vietnam’s car market in first half of 2026

Vietnamese consumers bought 328,818 cars in the first half of 2026, up 29% year on year, with VinFast accounting for 115,916 deliveries. Battery-electric models dominated the best-seller ranking, while hybrid sales and demand for selected combustion vehicles also continued to grow.

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Mei Tanaka
Senior Machinery & Automotive Analyst
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| Agriculture: Crops & Grains

Kazakhstan imposes six-month ban on wheat imports from Russia and EAEU states

Kazakhstan's agriculture ministry has ordered a six-month partial ban on wheat imports, effective 27 July 2026, covering road, rail and water transport and extending to EAEU member states. The measure aims to shield domestic prices as the Russian winter harvest begins, with Russia having shipped over 1.5 million tonnes to Kazakhstan between September 2025 and April 2026.

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

Indonesia targets nationwide sugarcane replanting within two years

President Prabowo Subianto has ordered an accelerated replanting of Indonesia’s aging sugarcane fields, aiming to complete the nationwide program within two years. The government is linking the drive to sugar self-sufficiency, food security and the expansion of ethanol-based industries.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

Poland plans 26% excise increase on cider and perry from 2027

Poland’s Finance Ministry plans to raise excise duty on cider and perry with up to 5% alcohol by 26% from January 1, 2027. Producers warn that higher prices could reverse recent market growth and weaken demand for domestically grown apples.

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Isabella Romano
Lead Food & Beverage Analyst
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| Textiles & Consumer Goods

East Java chamber warns draft tobacco rules could curb investment and jobs

East Java’s business chamber has urged a broader review of proposed Indonesian rules covering tobacco products and electronic cigarettes. The chamber says plain packaging, limits on nicotine and tar, and restrictions on additives could threaten Rp374 trillion in investment and a supply chain supporting more than 90,000 direct workers and 387,000 farmers.

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Arjun Mehta
Consumer Goods Analyst
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| Agriculture: Crops & Grains

Indonesia expects palm oil exports to grow despite wider EUDR product coverage

Indonesia’s Trade Ministry expects palm oil exports to remain resilient as the European Union expands the products covered by its deforestation regulation. The wider scope brings more palm oil derivatives into focus and increases compliance demands across the supply chain.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Energy & Fuels

India hits E20 ethanol-blended petrol five years early, sparking engine and food-supply debate

India reached 20% ethanol blending in petrol (E20) in 2025, five years ahead of its 2030 target and up from about 1.5% in 2014, according to Prabhat Khabar. The push has cut a crude import bill that hit $112.74 billion in 2014 and given sugar mills and distilleries a guaranteed buyer, but has opened a debate over older engines and the diversion of grain and cane to fuel.

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Priya Raghavan
Energy Markets Analyst
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