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

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| Trade Policy & Macro

Panama rice purchase faces $1.44 million overcost claim and import scrutiny

A direct purchase of 600,000 quintals of paddy rice by Panama’s IMA has triggered allegations of a $1.44 million overcost and unlawful import procedures. The agency disputes the price comparison, citing differences in origin, quality and additional costs, and has ordered an audit and technical inspection.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Chemicals & Fertilizers

Sibur Begins Monetising 200 Billion-Ruble EP-600 Ethylene Complex

Sibur’s EP-600 ethylene complex, built for 200 billion rubles, produced its first output in January 2025. The available source material does not disclose production volumes, operating rates or the downstream facilities receiving the ethylene.

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Katrin Vogel
Lead Chemicals & Fertilizers Analyst
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| Agriculture: Crops & Grains

Greek lemon harvest forecast 30-40% lower as delayed season approaches

Greece’s new lemon harvest is expected to be 30-40% smaller on average and to begin gradually in early September. Large stocks of cheaper lemons from Argentina and South Africa could weigh on the opening market, although Greek grower prices are expected to remain between €0.80 and €1.00 per kg.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Electronics & Technology

Poland’s smart meter rollout exposes oversight gaps around Chinese-linked suppliers

Poland is financing the installation of nearly 5 million additional smart electricity meters as it works toward universal coverage by July 2031. Energetyka24 reports that Chinese-linked suppliers participate in the market, while Poland lacks a single state system for comprehensive supplier-risk assessment.

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Kevin O'Sullivan
Lead Electronics & Technology Analyst
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| Trade Policy & Macro

Spain’s Farm and Fishery Imports From Morocco Reach €2.456 Billion

Spain imported €2.456 billion of agricultural and fishery products from Morocco in 2025, led by vegetables and molluscs. Spanish producers are demanding equal production standards as the EU and Morocco prepare to renegotiate agreements covering agriculture, fisheries and Western Sahara.

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Yusuf Demir
Senior Trade Policy Analyst
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| Agriculture: Crops & Grains

Heat and drought weaken European summer crops and fodder, while Romania’s outlook holds up

Persistent heat and low rainfall have reduced summer-crop yield expectations and fodder availability across Western and Central Europe, according to the European Commission’s MARS monitoring. Romania retains comparatively favorable estimates for maize and sunflower, although its western regions are also under weather pressure.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Trade Policy & Macro

Russia Extends 20% Soybean Export Duty to August 2028

Russia has extended its soybean export duty for two years, retaining the rate at 20% of customs value but no less than $100 per tonne. The decision balances rising exports and expanding crushing capacity against the risk that a higher tariff would reduce farmers’ margins.

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Eleanor Hayes
Lead Trade Policy Analyst
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