Market News

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

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| Textiles & Consumer Goods

Chinese suppliers reshape Russia’s cosmetics market as imports rise 74%

Russia imported $152.3 million of finished cosmetics and perfumes from China in January-May 2026, up 74% year on year. Chinese suppliers are also gaining importance in contract manufacturing, ingredients and packaging as Russian companies replace former European supply chains.

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Charlotte Dubois
Senior Consumer Goods Analyst
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| Food & Beverages

Russian frozen beef exports to China rise 36% to $80.2 million

Russia’s frozen beef export revenue from China reached $80.2 million in January-July 2026, up from $58.8 million a year earlier. Shipments gained in July, but Russia remained far behind Brazil, Australia and Argentina among suppliers to the Chinese market.

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Isabella Romano
Lead Food & Beverage Analyst
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| Machinery & Automotive

Daedong to Invest 80 Billion Won in AI Tractor Production in Daegu

Daedong will close its Chinese factory and invest 80 billion won in advanced production facilities at its Daegu plant. The project includes an AI-based premium AX line, robotic painting and a dedicated factory for AI-enabled autonomous tractors.

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Mei Tanaka
Senior Machinery & Automotive Analyst
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| Agriculture: Crops & Grains

Southern Thailand’s Black Glutinous Rice Shortage Spurs Interest in Vietnamese Imports

Southern Thailand faces a shortage of black glutinous rice as domestic production fails to meet demand from traditional-dessert makers. Mills are proposing additional imports from Vietnam and greater cultivation in southern provinces, while northern Luem Pua rice has risen to 60-70 baht per kilogram.

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

Qassim Date Output Tops 584,000 Tonnes From 10.8 Million Palms

Saudi Arabia's Qassim region produced 584,127.80 tonnes of dates from 10,867,246 palm trees held across 13,403 agricultural holdings, according to National Center for Palms and Dates data cited by Sabq and Al-Weeam. Eight seasonal date destinations organise the marketing of the crop under a platform run with the Ministry of Environment, Water and Agriculture. No export volumes, prices or year-on-year comparisons were published.

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

Brazil raises 2026 soymeal export forecast to record 25.3 million tonnes

Abiove raised Brazil’s 2026 soymeal export forecast by 400,000 tonnes to a record 25.3 million tonnes, citing solid foreign demand. Record crushing and meal production are expected to support both an 8.7% increase in exports and higher domestic consumption.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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