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

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| Energy & Fuels

Korea Western Power completes country's first coal-to-gas plant conversion with 500 MW unit in Gumi

Korea Western Power has commissioned a 500 MW natural gas combined-cycle plant in Gumi, North Gyeongsang Province, built to replace the retired Taean coal-fired unit 1. It is South Korea's first coal-to-gas fuel conversion project, and it lifts Gumi's local power self-sufficiency from 6% to around 30%.

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Priya Raghavan
Energy Markets Analyst
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| Food & Beverages

Indonesian Food Industry Seeks Flexible Sugar Supply Rules as Thai Output Is Projected to Fall in 2026-2027

Indonesia's food and beverage producers have begun preparing for tighter global sugar supply after Thailand's output was projected to decline in the 2026-2027 season, Kontan reported. The industry association Gapmmi is asking for more flexible rules governing industrial sugar supply. The request focuses on the ability to adjust volumes and timing rather than on a specific tonnage.

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David Okafor
Food & Beverage Analyst
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| Agriculture: Crops & Grains

Krasnodar leads Russia's 2026 wine-grape harvest, set to be best in a decade

Roskachestvo says Russia's 2026 wine-grape crop may be the strongest in ten years, with Krasnodar Krai again the leading region. The territory harvested more than 317,000 tonnes of technical varieties last season, about a third of the national total, while alcohol consumption in Russia fell in August to its lowest level since 1996.

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Katrin Vogel
Lead Chemicals & Fertilizers Analyst
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| Metals & Mining

Queensland introduces bill to restrict objections to mining lease approvals

The Queensland state government has introduced legislation that would restrict objections to mining lease approvals, according to Argus Media. The stated aim is to accelerate project approvals and limit legal challenges to mine expansions in one of Australia's main minerals-producing states.

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Chen Wei
Metals & Mining Analyst
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| Chemicals & Fertilizers

North American Pulp Price to Japan Holds at $820 per Tonne for August Shipment

North American softwood bleached kraft pulp (N-BKP) for August shipment was priced at $820 per tonne for Japanese buyers, unchanged from the previous month, according to Nikkei. Sluggish demand was offset by curtailed supply, leaving the market in balance. Weak consumption in China and a shift by Chinese mills towards importing wood chips instead of market pulp are capping demand.

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Rajesh Nair
Chemicals & Fertilizers Analyst
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| Food & Beverages

Indonesia's Coffee, Tea and Spice Exports Rise 54% on Global Demand and Higher Prices

Indonesian exports of coffee, tea and spices increased 54 percent, according to the business section of Kompas, which attributed the gain to strong global demand and higher international prices. The report groups the three categories together and does not separate volume growth from price effects, leaving the composition of the increase unclear for buyers and processors.

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David Okafor
Food & Beverage Analyst
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| Agriculture: Crops & Grains

Soybean Prices Rise as US Soybean Oil Stocks Fall to Lowest Since 2024

World soybean prices climbed on September 15 as US soybean oil stocks fell to their lowest level since November 2024, Brazil's CONAB projected the smallest planting expansion in roughly 20 years, and China stepped up purchases of US soybeans.

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

Cap Holding extends Chakib Alj's grip on Morocco's cereals trade

Cap Holding, led by Chakib Alj, has quietly begun building a grain trading arm covering food and feed, Africa Intelligence reported on 14 September. The move follows the group's takeover of distressed miller Forafric, bought ten years ago by Franco-Moroccan financier Yariv Elbaz and now near bankruptcy.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

India's August Farm Exports Split: Rice, Marine and Meat Rise, Spices and Tea Fall

India's merchandise exports rose 26.1% year on year in August 2026 to $43.81 billion, but agricultural performance was mixed. Rice, marine products, meat-dairy-poultry and coffee gained, while spices, fruits and vegetables, oilseeds, oil meal and tea declined. Imports of pulses, fertilisers and fruits and vegetables rose sharply.

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Priya Raghavan
Energy Markets Analyst
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| Agriculture: Crops & Grains

Vietnam's wood imports reach $2.15 billion in first seven months of 2026, up 18.2%

Vietnam imported $2.15 billion of wood and wood products in January-July 2026, 18.2% more than in the same period of 2025, according to Customs Department statistics reported by vinanet.vn. The figure averages about $307 million a month and implies a year-earlier base of roughly $1.82 billion. For an industry that processes imported raw material into exported furniture, the import line is an early signal on order books.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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