Market News

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

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| Agriculture: Crops & Grains

Chicago wheat futures rise more than 14%, improving Indian export prospects

Wheat futures on the Chicago market have risen by more than 14%, strengthening the potential competitiveness of Indian wheat abroad. India’s bumper stocks could support exports, although the available report gives no contract price, rally period, stock volume or shipment forecast.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Metals & Mining

China’s gold imports reach 820 tonnes in first half of 2026

China imported more than 173 tonnes of gold in June 2026, its largest monthly volume since March 2024, according to Chinese customs data cited by Zee News. First-half purchases reached 820 tonnes, while holdings reported for the central bank stood at 2,346 metric tonnes.

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Chen Wei
Metals & Mining Analyst
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| Agriculture: Crops & Grains

Vietnam feed producers cut prices after volatile first half of 2026

Major animal feed producers in Vietnam reduced prices in July 2026, with most cuts ranging from VND160 to VND200 per kg. Selected products received deeper support of VND400 or VND800 per kg, easing costs for livestock farmers.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Trade Policy & Macro

Ecuador and Canada Sign Free Trade Agreement Covering 99.6% of Ecuadorian Exports

Ecuador and Canada signed a free trade agreement in Ottawa on Friday that will let 99.6% of Ecuador's exportable goods enter the Canadian market tariff-free once it takes effect. More than 600 products, including bananas, cacao and shrimp, gain duty-free access, while 227 sensitive agricultural lines keep protection.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Agriculture: Crops & Grains

Spain’s sheep milk output falls 1.7% as tighter supply lifts prices

Spanish sheep milk production fell 1.7% year on year to 215.76 million litres between January and May. Interempresas reported that tighter supply lifted the average price by 5.7% to €11.09 per hectograde, while the number of farmers making deliveries declined by 6.8%.

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

Brazilian cocoa cultivation spreads to new states as prices stay high

High international prices and a domestic supply deficit are pushing cocoa cultivation into all 26 Brazilian states, including Paraná and Santa Catarina. Output in these new areas jumped 1,358% in 2025 to 175 tonnes, though Brazil still imported 42,100 tonnes of beans that year.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

Cost of cooking jollof rice in Nigeria rises 624% over decade

The average cost of cooking a pot of jollof rice in Nigeria has reached N29,578 after rising 624% in ten years. Climate stress and insecurity are deepening food-cost pressures, prompting families to abandon bulk buying and change meat choices.

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David Okafor
Food & Beverage Analyst
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| Textiles & Consumer Goods

Ethiopia seeks to connect cotton farms with textile and garment factories

Ethiopia is trying to build an integrated industry spanning cotton cultivation, ginning, spinning, textiles and garment manufacturing. Around three million hectares are suitable for cotton, but inconsistent local supply and fibre quality still force some manufacturers to import lint or yarn.

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Arjun Mehta
Consumer Goods Analyst
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