Market News

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

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| Food & Beverages

Russian poultry export revenue from China rises 80% in July

Russia’s revenue from poultry meat exports to China increased 1.8-fold in July, according to Finmarket. The available report does not disclose shipment volume or average prices, leaving the contribution of each factor unclear.

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David Okafor
Food & Beverage Analyst
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| Textiles & Consumer Goods

Chinese suppliers reshape Russia’s cosmetics market as imports rise 74%

Russia imported $152.3 million of finished cosmetics and perfumes from China in January-May 2026, up 74% year on year. Chinese suppliers are also gaining importance in contract manufacturing, ingredients and packaging as Russian companies replace former European supply chains.

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Charlotte Dubois
Senior Consumer Goods Analyst
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| Food & Beverages

Russian frozen beef exports to China rise 36% to $80.2 million

Russia’s frozen beef export revenue from China reached $80.2 million in January-July 2026, up from $58.8 million a year earlier. Shipments gained in July, but Russia remained far behind Brazil, Australia and Argentina among suppliers to the Chinese market.

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Isabella Romano
Lead Food & Beverage Analyst
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| Machinery & Automotive

Daedong to Invest 80 Billion Won in AI Tractor Production in Daegu

Daedong will close its Chinese factory and invest 80 billion won in advanced production facilities at its Daegu plant. The project includes an AI-based premium AX line, robotic painting and a dedicated factory for AI-enabled autonomous tractors.

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Mei Tanaka
Senior Machinery & Automotive Analyst
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