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

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| Energy & Fuels

Russian businesses accelerate investment in on-site solar and energy storage

Russian corporate demand for on-site generation more than doubled in 2026 as grid interruptions, connection constraints and high electricity tariffs pushed companies toward solar panels and storage. Behind-the-meter solar construction has reached 100 MW annually, with the strongest activity in southern Russia and the Far East.

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

Indonesia’s rice production cost is three times that of Thailand and Vietnam, minister says

Indonesia spends about Rp12,000 to produce one kilogram of rice, compared with roughly Rp3,800 in Thailand and Vietnam, Food Coordinating Minister Zulkifli Hasan said. The cost gap poses a challenge to the competitiveness of Indonesian farmers and the country’s food self-sufficiency policy.

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Kevin O'Sullivan
Lead Electronics & Technology Analyst
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| Agriculture: Crops & Grains

Russian sunflower area expands 12.4% to as much as 5 million hectares

Russia’s sunflower area reached 4.8-5.0 million hectares in 2026, up 12.4% from 2025, as oilseeds offered stronger margins than spring grains. The expansion could increase crushing supply and vegetable-oil output, but it also raises storage, processing and crop-balance challenges.

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Chen Wei
Metals & Mining Analyst
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| Machinery & Automotive

Machinery demand lifts Caterpillar quarterly sales above $20 billion

Caterpillar reported second-quarter 2026 sales of $20.5 billion, up 24% year on year, as higher deliveries contributed $3.1 billion to growth. In Romania, Cat distributor Bergerat Monnoyeur retained an estimated 20% share of the construction-equipment market despite lower 2025 revenue.

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Henrik Johansson
Senior Machinery & Automotive Analyst
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| Energy & Fuels

Moeve Orders 60 Heat Exchangers for 300 MW Onuba H2 Hydrogen Plant

Moeve has selected Alfa Laval to supply 60 heat exchangers for the first 300 MW phase of its Onuba H2 renewable-hydrogen project in Huelva, Spain. The procurement follows a final investment decision and moves the planned 45,000-tonne-per-year facility into industrial execution.

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Daniel Brooks
Lead Energy Markets Analyst
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| Chemicals & Fertilizers

Green Ammonia Projects Bring Fertilizer Production Closer to Agricultural Regions

Projects in the United States, Denmark, China and France are testing local production of green ammonia using renewable electricity, atmospheric nitrogen and water. The model could reduce exposure to natural gas prices and transport costs, but its competitiveness depends on cheap power, industrial-scale infrastructure and regulatory approval.

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Katrin Vogel
Lead Chemicals & Fertilizers Analyst
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| Metals & Mining

Russian Coking Coal Exports to China Rise 16% in First Half of 2026

Russia increased coking coal exports to China by 16% in the first half of 2026 as demand recovered, according to Deputy Prime Minister Alexander Novak. The growth reinforces Russia’s position in China’s coal supply chain, supported by new mining and port infrastructure.

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Thomas Reid
Senior Metals & Mining Analyst
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