Market News

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

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| Trade Policy & Macro

Vietnam expands export traceability system to 9,546 growing-area codes

Vietnam had issued 9,546 growing-area codes and 1,525 packing-facility codes by May 2026, supporting agricultural exports to major markets. China has approved 4,323 growing areas and 1,332 packing facilities, but compliance warnings and suspensions show that market access increasingly depends on continuous technical controls.

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

Brazil’s 2026 soybean exports forecast at record 115.4 million tonnes

Abiove raised its forecast for Brazil’s 2026 soybean exports by 1.1% from its June estimate to a record 115.4 million tonnes. The group also increased its crushing and export revenue projections, while lowering the expected year-end soybean inventory.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Energy & Fuels

Iraq shifts surplus fuel oil and naphtha exports to northern land crossings

Iraq’s Southern Refineries Co. is using northern land crossings to export surplus fuel oil and naphtha after military events affected shipments through Khor al-Zubair port. The Basra refinery continues to supply the domestic market while operating below its 280,000-barrel-per-day design capacity during the summer heat.

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Priya Raghavan
Energy Markets Analyst
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| Agriculture: Crops & Grains

US soybean exporters seek new markets as sales to China fall 45%

US soybean export commitments fell 18.5% year on year to 41.4 million tonnes as of July 16, driven by a 45% decline in Chinese purchases. Higher sales to Egypt and several Asian markets have recovered 3.3 million tonnes but cannot replace lost Chinese demand.

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

Black Sea disruptions keep sunflower oil prices elevated despite larger EU crop

Sunflower prices remain elevated for nearby delivery as attacks on Ukrainian port infrastructure and higher Black Sea insurance costs restrict trade. EU sunflower seed production is forecast to rise 15.7% to 10.1 million tonnes, but alternative routes cannot fully replace maritime capacity.

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

Russian wheat shipments to Kenya via Kuban ports exceed 1 million tonnes

More than 1 million tonnes of Russian soft wheat were shipped to Kenya through Krasnodar region ports and the Kavkaz anchorage in the first half of 2026. Russia now supplies about 60% of Kenya’s wheat requirements, supported by competitive prices and established logistics to Mombasa.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Germany’s new dairy rules clarify when milk may be marketed as “fresh”

Updated German dairy rules clarify the labeling distinction between fresh and ultra-high-temperature milk. The change affects how processors describe products, while food-monitor.de notes that UHT treatment uses temperatures of at least 135°C and has a stronger effect on taste and nutrient content.

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Isabella Romano
Lead Food & Beverage Analyst
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| Chemicals & Fertilizers

Russia proposes tighter rules for removing methanol traders from registry

Russia’s Industry and Trade Ministry proposes removing companies and individual entrepreneurs from the methanol trading registry after two or more administrative violations within 12 months. Removed operators would have to wait at least two months before filing a new notice of intent to trade.

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Katrin Vogel
Lead Chemicals & Fertilizers Analyst
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