European grain futures corrected while Romanian cash prices held near recent highs. Agrointel reports that port constraints could sharply reduce Ukrainian exports and are already disrupting Russian grain logistics.
The first shipments of petroleum products from China have begun arriving in Kyrgyzstan, according to the country’s Cabinet. The development opens an additional fuel supply route, although volumes, product specifications and commercial terms have not been disclosed.
Morocco has extended its 170% import duty on foreign soft wheat and derivatives until 31 August 2026. The measure gives domestic producers another month to sell the improved harvest before duty suspension resumes on 1 September.
Pakistan’s federal government has approved the immediate import of 1 million tonnes of wheat to meet domestic requirements and stabilise the market. Available stocks held by the Pakistan Agricultural Storage and Services Corporation will also be used to supply the provinces.
One of South Africa’s largest fruit canneries is closing amid weaker global demand, pricing pressure and rising input costs. BusinessTech reports that US tariffs imposed last year also contributed to the shutdown of the R1 billion factory.
France accounts for almost half of the grain losses estimated across the EU and the United Kingdom after a four-week heatwave. Its forecast was reduced by 4.1 million tonnes, led by a 3.4 million-tonne cut to corn, potentially tightening European supply and increasing import demand.
South Korean cosmetics exports reached a record $11.4 billion in 2025, led by skincare products and broader geographic distribution. Rapid US sales growth, rising European imports and new physical retail partnerships are moving K-beauty beyond its online-led origins.
Romania is preparing a financing mechanism that would allow its state reserves agency to buy 49.9 TWh of offshore gas offered by OMV Petrom over seven years. The purchase would require about €2.43 billion before VAT and excise duties, as Hungary’s MVM also shows interest in the resources.
Dunapack Packaging Hellas has agreed to acquire El Pack’s corrugated packaging operations in Patras, Thebes and Kapandriti. The plants generated about €43 million in revenue in 2025 and employ approximately 250 people, with completion expected in the second half of 2026 subject to regulatory approval.
British grid-scale energy storage developer Alcemi is entering Romania with plans for two battery energy storage system projects. Profit.ro reports a combined capacity of 575 MW/2, although the available source material does not specify the associated energy duration or development timetable.
Brent crude dropped about 5% as traders evaluated whether continuing attacks in the Middle East would disrupt global crude supplies. The decline suggests the market is reassessing the immediate risk to physical availability rather than assuming that attacks will automatically cause a shortage.
Morocco has suspended customs duties on imports of live domestic sheep and of beef, sheep, goat and camel meat. The measure took effect on 27 July and runs until 31 December 2026. Importers are already signing deals to bring live animals in from Spain.
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