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| Trade Policy & Macro

Indonesia prepares palm oil and coffee exporters for EU deforestation rules

Indonesia says it has spent three years preparing palm oil and coffee exporters to meet the EU Deforestation Regulation. The rules remain outside the planned Indonesia-EU trade agreement, leaving traceability and environmental compliance as separate conditions for access to the European market.

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Yusuf Demir
Senior Trade Policy Analyst
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| Textiles & Consumer Goods

Ozempic face opens a new cosmetics category as Vichy, O Boticario and Mantecorp target weight-loss users

Beauty brands are building a product category around the visible side effects of GLP-1 weight-loss injectables, from facial sagging to hair loss. Vichy, O Boticário and Mantecorp Skincare are combining peptides, vitamins and AI-assisted ingredient screening to reach the new consumer group. In Brazil, the drugs generated R$14.6 billion in formal sales between May 2025 and April 2026.

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Charlotte Dubois
Senior Consumer Goods Analyst
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| Metals & Mining

Russian miners target major additions to gold, silver and coal reserves

Russian subsoil users plan to add 1,000 tonnes of gold, 312 tonnes of silver and 969 million tonnes of coal to the country’s reserves this year. Natural Resources Minister Alexander Kozlov cautioned that these are still targets, with major reserve increases usually approved and recorded toward year-end.

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

North Sulawesi Vanilla and Robusta Coffee Secure Buyers in Malaysia, Japan and South Korea at KKI 2026

Vanilla and coffee from micro, small and medium enterprises in North Sulawesi found overseas buyers at Karya Kreatif Indonesia 2026 in Jakarta, held on 20-23 August 2026. The Narasi Vanilla brand opened access to Malaysia, Japan and South Korea through business matching and letters of intent, including a 20 kg bean shipment worth 2,500 US dollars to Global Mandehling Coffee Korea. Gunung Ambang Robusta coffee from Kotamobagu was linked to the same Tokyo buyer.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Agriculture: Crops & Grains

Indian Tea Association seeks rescue package for Darjeeling and Dooars

The Indian Tea Association has proposed targeted measures to revive the Darjeeling and Dooars–Terai tea industries. Darjeeling production fell from 14.49 million kg in 1990 to 5.6 million kg in 2025, while differing welfare obligations are putting pressure on organised estates in Dooars and Terai.

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Martin Keller
Senior Agricultural Commodities Analyst
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