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

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| Agriculture: Crops & Grains

South Korea to buy 1,300 tonnes of highland potatoes as 2026 output rises

South Korea’s state-run Korea Agro-Fisheries & Food Trade Corporation will purchase 1,300 tonnes of highland potatoes from the 2026 crop. Production is forecast at about 123,000 tonnes, up 7.4% year on year, prompting an intervention intended to support market stability and create an emergency reserve.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

Uganda turns sugar surplus into regional supply as Kenyan demand supports trade

Uganda now produces more than 800,000 metric tonnes of sugar annually, according to Bank of Uganda figures cited by Daily Monitor. Surplus output is reaching Kenya and other regional markets, although Kenyan taxes and permit restrictions are redirecting part of the trade through informal channels and toward alternative destinations.

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

Overseas buyers seek basmati differentiated by variety, origin and aging

Overseas demand for basmati is becoming more differentiated, with buyers considering variety, production region, grain quality, aroma, aging and cooking performance. The trend may create opportunities for Indian growers and exporters able to preserve quality and identity across the supply chain.

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

Palm oil prices rise as Indonesian wildfires threaten output

Palm oil futures rose as fires and toxic haze disrupted harvesting in parts of Indonesia, the world’s largest producer. More than 202,000 hectares have burned across Indonesian Borneo and Sumatra, while traders are assessing the risk to output and international supply.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Energy & Fuels

Oil nears $100 after OPEC+ keeps October production unchanged

Crude oil moved close to $100 after OPEC+ decided not to increase production in October. The decision puts renewed pressure on oil-importing economies, including India, while supporting producers through tighter supply expectations.

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

Drought cuts Romanian corn area and exports despite projected output recovery

Romania’s corn crop is forecast at about 8 million tonnes, more than 10% above 2025 but still less than half the volumes harvested in 2018 and 2019. Recurring drought is pushing farmers toward autumn crops, sunflower and irrigation, while exports have fallen sharply from early-decade levels.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Metals & Mining

Coking-coal rally lifts Whitehaven Coal shares 7.03%

Whitehaven Coal led the ASX 200 after its shares rose 7.03% to A$8.98. The Bull linked the move to a strong rally in global coking-coal prices, sharpening investor focus on the steelmaking raw-material market.

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Chen Wei
Metals & Mining Analyst
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| Agriculture: Crops & Grains

South African citrus exporters target growth in India

South African citrus exporters are seeking to expand sales in India through higher production, greater processing capacity and improved market access. The push comes as African growers face intensifying competition for buyers.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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