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| Food & Beverages

Russian Beer Consumption Falls to Record Low of 60 Liters in 2025

Per-capita beer consumption in Russia dropped 17% in 2025 to a record-low 60 liters, while retail sales fell 16.7% to 607.06 million decaliters. Rising excise taxes, a production-demand mismatch of nearly 200 million decaliters, and administrative restrictions are reshaping the market, even as imported beer holds a steady 5-6% share.

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Isabella Romano
Senior Food & Beverage Trade Analyst
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| Food & Beverages

German Beer Industry Deepens Crisis as Discount Wars Follow the World Cup

German beer consumption is set to fall again in 2026 while a discount wave that began with the football World Cup has pushed crates below 10 euros. Traditional breweries, hit hardest in North Rhine-Westphalia, are increasingly at risk of closure, according to a dpa-AFX report carried by boerse.de.

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Isabella Romano
Senior Food & Beverage Trade Analyst
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| Energy & Fuels

EU Opens €500M Fourth Hydrogen Auction with 75% Non-China Electrolyzer Rule

The European Commission has published the terms of the fourth European Hydrogen Bank auction, offering €500 million in subsidies for renewable hydrogen production. Winning projects must ensure at least 75% of their electrolyzer components come from outside China, capping Chinese suppliers' share of the subsidized market.

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Priya Raghavan
Energy Markets Analyst
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| Agriculture: Crops & Grains

India Expected to Sustain Rice Exports Despite Climate Risks: IGC

Arnaud Petit, Executive Director of the International Grains Council, told CNBC-TV18 that India's rice crop remains resilient enough to keep export volumes steady despite climate risks. He flagged El Nino as the main threat to global grain production and discussed the outlook for corn and soybeans.

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Ana Lucia Fernandes
Agricultural Commodities Analyst
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| Energy & Fuels

Latitude Energy Signs MOU With Indonesia's Danantara on Coal Gasification

US energy-technology firm Latitude Energy and Indonesia's Danantara signed a memorandum of understanding on 8 July 2026 to explore a coal gasification project using TRIG technology. The deal supports Jakarta's coal downstreaming push and aims to turn low-calorie coal into domestic syngas to cut import reliance.

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Priya Raghavan
Energy Markets Analyst
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| Agriculture: Crops & Grains

Temanggung Robusta Coffee Output Seen Falling Up to 60% in 2026 on Wet-Season Drought

The agriculture office of Temanggung Regency in Central Java expects robusta coffee production in the 2026 harvest to drop 40 to 60 percent versus a normal season. High rainfall during flowering caused blossoms to fall and raised the risk of fungal disease. Farm-gate prices remain broadly stable at around Rp58,000 per kilogram for dry coffee.

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Ana Lucia Fernandes
Agricultural Commodities Analyst
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| Trade Policy & Macro

EU launches anti-dumping investigation into Chinese duck meat imports

The European Commission opened a formal anti-dumping investigation into duck meat imports from China on 9 July, according to the Financial Times and the South China Morning Post. The move extends the EU–China trade dispute beyond electric vehicles into agriculture and raises the risk of reciprocal measures in food trade.

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Eleanor Hayes
Head of Trade Policy Research
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| Agriculture: Crops & Grains

Iraq's rice imports from Vietnam surge 132-fold as Thai supply falters

Iraq lifted its purchases of Vietnamese rice by 132.4 times year-on-year, entering Vietnam's top 15 export markets, according to the Vietnam Food Association. Traders link the shift to military conflict disrupting Thai rice shipments into the Middle East. Vietnam's overall rice exports still fell in value as Philippine demand paused.

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Martin Keller
Senior Agricultural Commodities Analyst
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