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

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| Food & Beverages

Spain to introduce refundable deposits on beverage containers from November 2026

Spain will launch a deposit return system for beverage containers in November 2026, requiring bars, restaurants and retailers to collect a refundable deposit. The measure covers plastic bottles, cans and cartons of up to 3 litres and follows a reported 41.3% collection rate for single-use plastic bottles in 2023.

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Isabella Romano
Lead Food & Beverage Analyst
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| Food & Beverages

Brazil’s beer output rises 2.5% in 2025 as US production declines

Brazil produced 15.11 billion liters of beer in 2025, up 2.5% from 2024, according to the BarthHaas Report 2025/2026. The expansion supported South American output and offset much of a 5.2% decline in the United States, although Brazilian government data indicate a different domestic trend.

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Isabella Romano
Lead Food & Beverage Analyst
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| Agriculture: Crops & Grains

India’s pulses import bill falls as domestic output rises and import curbs take effect

India spent less on pulses imports in the 2025-26 financial year as domestic production improved, global prices declined and import restrictions reduced overseas purchases. Kabuli chickpeas were a key part of the shift, affecting procurement decisions for Indian importers and international suppliers.

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

Indonesia orders probe into seven firms over farmers’ sugarcane output

Indonesia’s Agriculture Minister Andi Amran Sulaiman has requested an investigation into seven companies suspected of failing to absorb sugarcane produced by farmers. The inquiry could clarify the companies’ obligations and the consequences for growers and the domestic sugar supply chain.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Chemicals & Fertilizers

Polpharma acquires Romanian drugmaker Biofarm in €257 million deal

Poland’s Polpharma Group has acquired Romanian pharmaceutical producer Biofarm in a €257 million transaction. The combination links Biofarm’s two plants and portfolio of more than 200 products with a regional group distributing about 400 million medicine packs annually.

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Katrin Vogel
Lead Chemicals & Fertilizers Analyst
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| Agriculture: Crops & Grains

Japan’s cucumber, tomato and eggplant prices rise as difficult weather restricts supply

Wholesale prices for major summer vegetables in Tokyo rose sharply as cloudy June weather delayed growth and subsequent heat disrupted harvesting and marketable yields. Cucumbers were 28% more expensive year on year in mid-July and more than 30% above the normal level in the latest market data.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

Indonesia’s local milk output meets only 20% of national demand

Indonesia produces only about 20% of the milk it consumes, leaving nearly 80% of national demand dependent on imports, particularly from Australia. Low yields, limited feed land and the tropical climate constrain expansion, while the government is assessing closed-barn technology and financing support.

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David Okafor
Food & Beverage Analyst
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