Market News

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

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| Agriculture: Crops & Grains

Austria’s Sawmills and Timber Traders Seek Relief as Construction Demand Weakens

Austria’s sawmill and timber-trading sectors are calling for construction support, lower regulatory costs and greater use of wood as weak building demand pressures earnings. The industry also wants pragmatic implementation of the EU Deforestation Regulation and policies supporting active forest management.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Energy & Fuels

Russia says it is ready to meet India’s oil demand despite US pressure

Russia has said it is prepared to supply as much oil as India requires, while defending New Delhi’s right to buy energy according to its own interests. The statement presents the trade relationship as demand-led, although no volumes, prices or delivery schedule were disclosed.

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Daniel Brooks
Lead Energy Markets Analyst
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| Chemicals & Fertilizers

Coconut-shell price surge threatens Indian activated-carbon exports

Rising coconut-shell costs are weakening Indian activated-carbon producers against Chinese suppliers in Africa and Europe. The industry is introducing monthly indicative feedstock prices while seeking tax changes to improve market transparency.

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Rajesh Nair
Chemicals & Fertilizers Analyst
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| Food & Beverages

South Korea secures $41.66 million in Australia food export consultations, targets halal markets

South Korean food suppliers recorded $41.66 million in export consultations at Fine Food Australia, where convenience foods, fermented products, sauces and fresh pears drew buyer interest. The government and Korea Agro-Fisheries & Food Trade Corporation are also expanding practical support for companies entering halal markets in the Middle East and Russia-CIS region.

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David Okafor
Food & Beverage Analyst
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| Food & Beverages

Protein demand drives growth in India’s milk, meat and egg production

Greater awareness of protein consumption since the COVID-19 pandemic is supporting demand for milk, meat and eggs in India. Rising domestic consumption has strengthened India’s position among the world’s leading producers of milk, chicken, goat meat, sheep meat, buffalo meat and eggs.

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

Thailand Sets Out Strategy to Become an Asian Wood-Industry Hub

Thailand’s Industry Ministry has outlined a strategy to develop the country into an Asian wood-industry hub, focusing on renewable feedstocks, advanced processing and design. The plan seeks to move the sector beyond log exports by adding value to rubberwood, bamboo and other materials while responding to tighter environmental and carbon rules.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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