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| Food & Beverages

Argentine beef consumption falls again to a historic low

Per-capita beef consumption in Argentina has dropped to a historic low as weak household purchasing power keeps domestic demand at its floor, according to LM Diario. The industry warns that the El Niño phenomenon could hit cattle-raising areas hard and push prices back up, leaving the chain with rising costs and a consumer unable to absorb them.

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

Japan household paper prices climb as Tokyo survey puts pulp toilet paper up 9.7% in August

A monthly shelf-price survey covering Tokyo and neighbouring areas showed pulp toilet paper from major Japanese mills selling at 798 to 898 yen for a 12-roll, 100-metre pack in August, with the midpoint 9.7% above July. Nikkei reported that price increases announced by manufacturers are now reaching store shelves. Recycled-fibre toilet paper from mid-sized and smaller producers is tracked separately in the same survey.

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Arjun Mehta
Consumer Goods Analyst
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| Food & Beverages

Indonesia withdraws 25 fortified rice brands after lab tests fail label claims

Indonesian authorities are pulling 25 fortified rice brands from the market after tests at four laboratories found their nutrient content did not match label claims. Trade Minister Budi Santoso says retail supply is secure, citing about 4.6 million tonnes of government rice reserves at Perum Bulog and an extra one million tonnes of stabilisation rice. Police are examining whether the case involves criminal conduct.

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David Okafor
Food & Beverage Analyst
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| Chemicals & Fertilizers

Vietnam's fertilizer exporters gain ground as Middle East tension lifts energy and urea prices

Escalating Middle East conflict has pushed Brent to $107.6 a barrel and European TTF gas to about €82.8/MWh, roughly ten times US Henry Hub, eroding the competitiveness of European ammonia and urea plants. With 34% of global urea trade and 49% of sulphur moving through the Strait of Hormuz, Mirae Asset sees a short-term urea shortfall. Vietnam, holding about 0.8 million tonnes of theoretical urea surplus, exported 2.05 million tonnes of fertilizer worth $1.11 billion in eight months.

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Rajesh Nair
Chemicals & Fertilizers Analyst
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| Textiles & Consumer Goods

Germany's EDS confirms closure of Romania's largest commercial printing plant at Ghimbav

German printing group Euro-Druckservice will permanently shut its plant in Ghimbav, Brașov county, on 31 December 2026, ending production at Romania's largest commercial printing site. The unit, opened in 2008 after a €20 million investment, employs 84 people and posted a net loss of 5.5 million lei on falling turnover.

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Charlotte Dubois
Senior Consumer Goods Analyst
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| Food & Beverages

Russian fish exports to the EU reach €80.6 million in July, a 20-month high

Russian seafood shipments to the European Union rose to €80.6 million in July, the strongest monthly value in 20 months, according to Eurostat data cited by Pravda.ru and finance.rambler.ru. Fillets and fish meat accounted for €67.6 million of the total, driven by frozen cod and pollock. Cumulative January–July shipments of €352.2 million remain 21% below the same period a year earlier.

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Isabella Romano
Lead Food & Beverage Analyst
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| Energy & Fuels

German wood pellet price rises 6.2% to €454.21 per tonne in September

The average German wood pellet price reached €454.21 per tonne in September 2026, 12.5% above the 12-month average of €403.63 and 35.6% higher than a year earlier. The Deutsches Pelletinstitut points to reduced sawdust availability caused by weak sawmill activity, alongside higher personnel and transport costs. Heat from pellets now costs 9.08 cents per kilowatt-hour, still around 48% below heating oil.

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Daniel Brooks
Lead Energy Markets Analyst
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| Agriculture: Crops & Grains

Greenpeace Japan report links warming to smaller sweet potatoes, early pears and stressed rice

Greenpeace Japan published a report on September 17 arguing that global warming is damaging three of the country's autumn staples: sweet potatoes, Japanese pears and rice. The group combined meteorological data from major producing regions with accounts gathered from growers nationwide, Tokyo Shimbun reported.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Metals & Mining

Polish cement industry warns end of free EU carbon allowances could halt production

At a parliamentary hearing in the Sejm on 16 September 2026, Polish cement producers said that if free EU ETS allowances disappear in 2039 without CO2 storage in place, domestic cement production will no longer be possible. About 63% of plant emissions are process emissions, and capture installations for the whole sector are estimated at up to 20 billion zlotys.

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Thomas Reid
Senior Metals & Mining Analyst
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| Food & Beverages

Illycaffè CEO signals possible coffee price increase from January as arabica stays near 300 cents

Cristina Scocchia, chief executive of illycaffè, told ADNFinance that retail coffee prices in Italy could rise from January, after green coffee costs climbed 80% in five years and arabica reached 300 cents per pound. She also ruled out a stock market listing in 2026 and confirmed that €80 million of a €120 million investment plan in Trieste has been spent.

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Isabella Romano
Lead Food & Beverage Analyst
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| Energy & Fuels

South Korea's carbon price tops 30,000 won, squeezing coal-fired power

South Korea's emissions allowance price has moved above 30,000 won, eroding the cost advantage of coal-fired generation, according to Hans Economy. The power sector's paid-allocation ratio is also set to rise in stages during the fourth planning period of the national emissions trading scheme. The substitute fuel, LNG, has become more expensive as well, leaving the cost of replacement unresolved.

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Priya Raghavan
Energy Markets Analyst
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| Agriculture: Crops & Grains

Persistent Rain Splits Japan's Autumn Harvest: Shine Muscat Around 10% Cheaper, Matsutake Season Looks Strong

An extended spell of rain during Japan's late-summer and early-autumn growing season has pushed the country's signature seasonal products in opposite directions. Shine Muscat table grapes are selling around 10% below normal levels after quality slipped, while matsutake mushrooms are heading for an abundant wild harvest. Chestnut results differ so sharply between regions that growers are struggling to read the season.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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