An understanding between Iran and Oman has not removed the risk of continued disruption around the Strait of Hormuz. Elevated crude prices are increasing pressure on India, which is paying a heavy import bill even while purchasing less oil.
Polish food processors are assessing Vietnamese shrimp and spices as potential inputs for products sold in Poland. One Polish beef producer has visited shrimp farms in Vietnam to evaluate supplies for shrimp burgers, Vietbao reported.
Coca-Cola Perú and Arca Continental Lindley will invest $1 billion over five years to expand and modernize production, operations, distribution and market service in Peru. The companies also plan water infrastructure in Pucusana and support for communities affected by El Niño Costero.
Turkey exported $2.2 million worth of apples to Russia in June, 3.8 times the May value and 8% more than a year earlier. Despite the monthly increase, first-half shipments fell 27% year on year to $3.3 million.
Catupiry has signed an agreement to acquire Lactojara Laticínios, which comprises Leprino Foods’ Brazilian operations. The deal would add a Paraná mozzarella plant and milk collection network to Catupiry’s portfolio, although the source gives conflicting information on its antitrust status.
Factory-made diamonds from China and India are gaining ground in jewelry as prices for natural stones fall. Lab-grown stones now reportedly feature in 61% of US engagement rings purchased, challenging the natural-diamond trade’s pricing and authenticity model.
Brazilian apple export volume increased by more than 220% in the first half of 2026, Canal Rural reported. Exporters are seeking new international markets, although shipment value, destination and absolute volume data were not disclosed.
Vietnam exported a record $1.12 billion of fruit and vegetables in July 2026, the sector’s first month above $1 billion. EU sales reached about $214.4 million in the first half, supported by strong demand for processed products.
Thailand’s corn policy committee is due to meet on August 10 to consider a guaranteed price of 7.50 baht per kg for corn containing 30% moisture. The meeting comes as feed mills suspend purchases even though domestic production is insufficient and the country relies on imports.
Kazakhstan has financed 95 dairy farms capable of producing more than 500,000 tonnes of milk annually, with 71 already operating. Another 19 farms with about 100,000 tonnes of capacity are planned by the end of 2026, while the new SK Agro 2050 complex anchors the buildout in the north.
BSR has invited international banks and financial institutions to arrange about $600 million for the Dung Quat refinery upgrade and expansion. The $1.489 billion project will raise processing capacity from 148,000 to 171,000 barrels per day and bring fuel quality up to the Euro V standard.
Iran and Afghanistan see capacity for bilateral economic exchanges to reach $10 billion. Afghanistan’s commercial attaché in Tehran called for a shift from reliance on exports toward joint investment, with Iran’s Alborz province presented as a potential partner hub.
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