A shortage of spare parts is spreading the practice of "car cannibalization" across Russia, with working components stripped from one vehicle to repair another. Insurers say cars are now often stolen to be dismantled for parts rather than resold, driven by costlier original parts and higher logistics costs.
Dalmia Bharat Sugar has approved its first major international sugar project, an integrated operation in Tanzania backed by more than ₹1,100 crore. The Indian producer will hold 51% of the venture, while Symphony Global LLC will own 49%.
Türkiye and the Turkish Republic of Northern Cyprus have signed a memorandum on supplying natural gas to Northern Cyprus through a planned pipeline. The project could eventually add a new routing option for East Mediterranean gas, but the available material provides no timetable, capacity, cost or confirmed supply source.
Peru's second 2024 anchoveta season landed 2.42 million tonnes and generated over 680,000 tonnes of fishmeal and fish oil, worth more than US$1.41 billion in exports. China absorbed nearly 90% of Peru's fishmeal shipments, underlining how climate, quotas and a single dominant buyer shape a globally significant industry.
Georgia exported 14,700 tonnes of apples worth $11.2 million in the first half of 2026, with over 95% shipped to Russia, according to Geostat. Volumes rose 37% and revenue 67% year on year, underscoring near-total dependence on the Russian market.
India’s cotton planting area was 15.33% lower year on year as of July 10 after reduced rainfall linked to El Niño. Jagran reports that lower domestic output could increase imports, with US cotton already ranking fourth among India’s suppliers this marketing year.
UBS raised its copper price forecasts by $500 per metric tonne and expects the metal to reach $15,000 per metric tonne by the end of March 2027. The bank widened its projected 2026 supply deficit to 520,000 metric tonnes and continues to recommend long positions.
Stricter EU CO2 limits are increasing the risk of penalties for automakers selling new cars in Italy. The pressure could affect model availability, pricing and trade flows as manufacturers adjust their sales mix to meet compliance targets.
Ghana and Egypt have opened discussions on cooperation in poultry production and animal feed as Accra tries to rebuild a domestic industry that covers only about 18% of consumption. Egypt, Africa's largest chicken meat producer, is meanwhile seeking export markets for its surplus.
Vietnam shipped 1.05 million tonnes of coffee worth $4.81 billion in the first half of 2026, with volume up 7.4% but value down 13.8%. China surged into the top ranks of buyers, paying $5,680 per tonne and overtaking Brazil as China's second-largest supplier.
US corn ethanol access to Brazil has become one of the main unresolved issues in the USTR's Section 301 investigation into Brazilian trade practices. Washington objects to Brazil's 18% import tariff reinstated in January 2024, while Brasília says the measure complies with WTO rules.
Egyptian exports of fresh and processed food to the European Union rose by nearly 49% in the first four months of 2026. Al Arabiya linked the increase to export routes shifting toward Egyptian suppliers amid the conflict involving Iran.
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