Market News

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

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| Trade Policy & Macro

Ghana's food import bill reached GH¢36.46 billion in 2025, led by cereals and frozen chicken

Ghana spent GH¢36.46 billion on food imports in 2025, according to the Ghana Statistical Service's Annual International Merchandise Trade Statistics Report. Processed cereal grains, frozen chicken, animal offal and rice together accounted for 30 percent of the bill. Cocoa products, cashew nuts, tuna and shea-based goods lead the export side.

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

Vietnam imported 2.785 million tonnes of rice and paddy for $0.8 billion in the first half of 2026

Customs data cited by Thanh Nien show Vietnam bought about 2.785 million tonnes of paddy and rice in January-June 2026 for $0.8 billion, down 14.53% in volume year on year. The country remains the world's second-largest rice importer after the Philippines, with Cambodia supplying roughly 2.3 million tonnes. Over the same period Vietnam exported 5.2 million tonnes for $2.38 billion.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

Record sugar prices prompt Indian mills to start cane crushing early

Indian sugar mills are preparing to begin cane crushing earlier than usual in the upcoming milling season, Bloomberg reports. The government-backed move is intended to increase sugar availability and curb record domestic prices before festival demand strengthens.

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David Okafor
Food & Beverage Analyst
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| Metals & Mining

Russian pig iron output falls almost 6% in H1 2026 as Urals plants are urged to pivot to the domestic market

Russia's ferrous metallurgy ended the first half of 2026 with pig iron smelting down almost 6 percent year on year and steel output also lower, according to Rossiyskaya Gazeta. Sales have become the acute problem for most plants, including in the Urals, pushing producers toward import substitution. Up to 75 percent of flat stainless rolled product used in Russia is still supplied from abroad.

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Thomas Reid
Senior Metals & Mining Analyst
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