The International Grains Council expects world pea production to drop 13.5% to 15.7 million tonnes this season, led by smaller harvests in Russia and Canada. Consumption, ending stocks and trade are all set to decline, with weaker South Asian demand weighing on shipments.
The global soybean balance remains comfortable, supported by record Brazilian production and strong South American supplies. However, US yield prospects, El Niño, biofuel demand and the execution of Chinese purchase commitments could increase price volatility through September.
Thai animal feed producers are refusing to purchase corn under the existing pricing system after market prices rose to 12-14 baht per kilogram. The range is well above the official price-control ceiling of 9.80 baht per kilogram and is putting feed supply contracts under pressure.
Sapio has opened what it calls Italy's first certified renewable hydrogen plant at Porto Marghera, with a maximum capacity of 750 tonnes per year. Backed by roughly €17 million in PNRR funding, the site has already signed supply deals for 50 tonnes by the end of 2026, mainly for public transport.
Spain registered 1,369,095 new vehicles as demand rose 12.3%, while battery-electric sales exceeded 100,000 units for the first time. The market recovery contrasts with weaker factory activity caused by slowing demand across Europe.
Turkey’s Competition Board approved Cargill Türkiye’s acquisition of sole control over PNS Pendik Nişasta, subject to binding behavioral commitments. The measures address pricing, supply continuity and cross-subsidization risks in the domestic glucose syrup and blends market.
Spain is pressing Brussels to give its ceramics industry specific treatment in the revision of the EU carbon market, according to El País. Aagesen continues to describe pollution pricing as a cornerstone of EU climate policy, placing the debate on how the rules are applied rather than whether they should exist.
Syntetica is moving chemical nylon recycling beyond laboratory development with backing from Lululemon. The project could affect Italy’s textile supply chain as companies prepare for textile extended producer responsibility and digital product passport requirements.
The end of the Iran-US ceasefire has renewed pressure on oil supplies through the Strait of Hormuz, while shrinking crude inventories and Russia’s fuel export ban are tightening refined-product markets. In Greece, gasoline remained at €1.97 per liter even as crude fell to $77 per barrel.
Workers at Orlen-controlled salt miner Solino are holding a rotating hunger protest and calling for a state takeover of Qemetica. The dispute centers on fears that changes in Qemetica’s salt and soda operations could reduce brine demand and threaten the mine’s future.
Tanzania has moved ahead of regional peers in trading under the African Continental Free Trade Area. Its AfCFTA exports span agricultural commodities and manufactured goods, including sisal fibre, rice, coffee, float glass and insecticidal mosquito nets.
South African mining production fell 5.4% in May after strong growth in the previous month. Weaker iron ore, coal and platinum group metals output drove the decline, while mineral sales rose 13.9% year over year.
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