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

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| Trade Policy & Macro

Vietnam and Côte d’Ivoire Seek Broader Trade Beyond Rice, Cashews and Cotton

Vietnam and Côte d’Ivoire are seeking deeper agricultural and fisheries cooperation around an established trade in rice, cashews, cotton and raw materials. The two sides are also discussing Vietnamese investment, equipment and technology transfer to support food production and value chains in Côte d’Ivoire.

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

Spain's imports of Moroccan olive oil jump almost ninetyfold in first half of 2026

Spanish purchases of Moroccan olive oil rose from about €641,000 in the first half of 2025 to close to €58 million a year later, according to Spanish Ministry of Economy data cited by al-Ain. Volumes moved from roughly 300 kilograms to about 19 tonnes. Spain produces more than 40% of the world's olive oil, but its 2025-2026 crop was weak while Morocco is in an expansionary cycle.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Health trends and GLP-1 drugs reshape global ice-cream strategies

Ice-cream producers are developing smaller portions, cleaner recipes and products with more protein and fewer calories as health priorities and GLP-1 drugs change eating habits. Magnum, Ben & Jerry’s owner The Magnum Ice Cream Company and Ferrero brands are competing for growth while preserving taste and indulgence.

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Isabella Romano
Lead Food & Beverage Analyst
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| Metals & Mining

US Mobilizes $40 Billion for Critical Minerals as Europe Trails on Tungsten

The United States has mobilized about $40 billion for critical-minerals projects since 2022, according to the Financial Times, while Europe has moved more slowly. The gap is increasingly consequential for tungsten users as European APT prices remain nearly 500% above year-earlier levels.

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Thomas Reid
Senior Metals & Mining Analyst
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| Chemicals & Fertilizers

Chinese Supply Glut Pushes Thailand’s Petrochemical Industry to Restructure

Thai petrochemical producers are reviewing feedstocks, product portfolios and export markets as Chinese capacity additions intensify regional oversupply. PTT-linked companies are considering more ethane imports and higher-value products while environmental rules accelerate demand for recycled materials.

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Rajesh Nair
Chemicals & Fertilizers Analyst
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| Agriculture: Crops & Grains

Fiji sends first pilot produce shipment to Nauru as new Pacific export channel is tested

Fiji has sent 54 boxes of export-quality fruits, vegetables and root crops grown on Viti Levu to the Republic of Naoero (Nauru), the first pilot consignment of its kind. The shipment moved with processor New Valley Processors and Nauru Airlines, and follows a July memorandum between the Pacific Islands Development Forum and the processor. Thirteen product lines were included, from cassava and taro to pineapples, tomatoes and lemons.

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Mei Tanaka
Senior Machinery & Automotive Analyst
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| Energy & Fuels

Crude exports through Novorossiysk halved in August, raising supply risk for Romanian refineries

Oil exports through the Russian Black Sea port of Novorossiysk fell by half in August, according to the Romanian publication profit.ro. Romanian refineries source part of their crude feedstock through the port, and profit.ro describes the drop as confirmation of a current supply problem. Volumes, causes and expected duration were not specified.

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

Rainfall surge strengthens outlook for record Turkish wheat crop

Turkey’s wheat harvest could reach a record 24.5 million tonnes after rainfall increased 76% from last year, according to IAOM Eurasia President Eren Günhan Ulusoy. A larger domestic crop and strong stocks could reduce near-term supply pressure on the country’s milling industry while supporting flour exports.

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Henrik Johansson
Senior Machinery & Automotive Analyst
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| Agriculture: Crops & Grains

Türkiye’s Fresh-Fruit Exports Exceed $1 Billion After 59% Surge

Türkiye exported $1.005 billion of fresh fruit in January-July 2026, up 59% year on year and above $1 billion for the first time in the period. Germany remained the largest European market, while shipments to Spain, Poland and Italy recorded triple-digit growth.

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Priya Raghavan
Energy Markets Analyst
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