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

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| Machinery & Automotive

Spain’s used-car sales top 1.64 million through September

Spain recorded 1,640,051 used passenger-car and SUV transactions through September, up 2.6% year on year. Electrified models and vehicles up to five years old gained ground, but cars over 15 years still accounted for 41.6% of sales.

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Henrik Johansson
Senior Machinery & Automotive Analyst
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| Agriculture: Crops & Grains

Fiji Research Institute Puts Sugarcane at Centre of Climate-Resilience Strategy

The Sugar Research Institute of Fiji is positioning sugarcane as a resilient crop capable of withstanding drought, flooding and poor soils. Its strategy combines better varieties, soil management and mechanisation with farm diversification, while farmers are being advised to limit new planting during current water shortages.

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Henrik Johansson
Senior Machinery & Automotive Analyst
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| Agriculture: Crops & Grains

Maharashtra and Karnataka cane farmers oppose early crushing before Diwali

Farmer organizations in Maharashtra and Karnataka are resisting a government-backed effort to begin sugarcane crushing about one month early to bolster sugar supplies during Diwali. They are seeking compensation for lower yields and recovery, along with higher sugar and ethanol prices.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Textiles & Consumer Goods

Russian fur and leather exports rise 59.1% as sable prices strengthen

Russian exports of fur, leather raw materials and related products increased 59.1% year on year in January–July 2026, although their value remained only $2 million. Higher sable prices and recovering foreign demand supported exports, while limited domestic processing capacity helped lift imports by 20.1%.

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Charlotte Dubois
Senior Consumer Goods Analyst
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| Machinery & Automotive

China Took About 60% of Global Electric Car Sales in 2024 as India Climbs on Two- and Three-Wheelers

IEA data cited by Newstrack shows China accounted for roughly 60 percent of electric cars sold worldwide in 2024, with more than 10 million units sold domestically in a single year. The United States ranks second and Norway leads Europe on sales share, while India sits around the top 10 on the broader EV market, driven by electric scooters, e-rickshaws and other three-wheelers.

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Mei Tanaka
Senior Machinery & Automotive Analyst
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| Energy & Fuels

Australian High Court blocks Mount Pleasant coal mine extension in climate ruling

Australia’s High Court upheld a decision blocking MACH Energy’s proposed extension of the Mount Pleasant coal mine in New South Wales. The judgment found that planning authorities failed to properly consider conditions addressing scope 3 emissions, which represented 98% of the project’s greenhouse gas footprint.

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Priya Raghavan
Energy Markets Analyst
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