Market News

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| Food & Beverages

Heat Brings Umbria Wine Harvest Forward as Weak Demand Adds Export Pressure

Extreme heat and prolonged drought accelerated grape ripening in Umbria, bringing much of the 2026 harvest forward. Regional output remains broadly healthy, but high Italian inventories, weaker prices and a nearly 7% export decline are increasing pressure on wineries to find foreign buyers.

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Isabella Romano
Lead Food & Beverage Analyst
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| Agriculture: Crops & Grains

Kashmir Develops Shalimar-4 and Shalimar-5 Rice Varieties Yielding 7.2 Tonnes per Hectare

Two rice varieties developed in Kashmir, Shalimar-4 and Shalimar-5, have reportedly produced about 7.2 tonnes per hectare while requiring less water. The reported yield is roughly 2.5 times the national average, but commercial performance will depend on broader field validation and production economics.

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

Egypt Targets More Frozen-Strawberry Sales to China After $84 Million Export Year

China imported about $84 million of Egyptian frozen strawberries in 2025, becoming the product’s second-largest destination after Germany. Egypt shipped approximately 557,000 tonnes worldwide, worth about $690 million, and accounted for around 36% of global frozen-strawberry exports.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Metals & Mining

Polish steelmakers see price support but await a sustained demand recovery

Higher steel prices and new EU trade protections have improved sentiment among Polish steel companies after a difficult first half. Stalprofil, Bowim and Cognor say a durable recovery still depends on infrastructure, defence and other steel-consuming investments moving into execution.

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Thomas Reid
Senior Metals & Mining Analyst
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| Metals & Mining

Kyrgyz construction boom drives 2.6-fold rise in sand extraction

Kyrgyzstan extracted 1.72 million tonnes of sand and 2.68 million tonnes of crushed stone, gravel and pebbles in January-July 2026. Construction demand helped lift total mining output by 16.9%, while declining oil and gas production increased the country’s exposure to imports.

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Chen Wei
Metals & Mining Analyst
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| Food & Beverages

Indonesia Reviews Proposal to Add Sugar to Food-Aid Program

Indonesia’s government is reviewing a proposal to include sugar in its food-aid program, Liputan6 reports. Sugarcane growers say the measure could support the domestic market and improve farmer welfare, but no implementation details have been announced.

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

Global palm oil exports forecast to fall to 48–49 million tonnes in 2026/27

Oil World forecasts global palm oil exports at 48–49 million tonnes in 2026/27, down from 50.5 million tonnes in 2025/26. Slower production growth and rising use of palm oil for biofuel are reducing export availability and increasing reliance on other vegetable oils.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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