Ukraine’s butter exports halved year on year in the first half of 2026 as low European prices made EU sales uneconomic. Excess domestic supply is now pushing producers toward a Ukrainian market where prices also fail to cover production costs.
Turkey’s Agriculture and Forestry Ministry has updated its public food-control lists, reporting violations across dairy, meat, prepared foods, oils and honey. The 22 July update included an undeclared pharmaceutical active ingredient in a herbal paste and offal or chicken meat in several meat dishes and products.
Nepal earned a record NPR 29.32 billion from electricity exports in FY2025-26, up 67.96% from the previous year. Higher hydropower sales to India and Bangladesh helped the country generate an NPR 18.76 billion electricity trade surplus.
Lindt & Sprüngli raised chocolate prices by 12% in the first half of 2026 and reported higher sales despite lower volumes. The company’s results show how pricing is helping chocolate manufacturers offset pressure from cocoa costs.
Iran’s rice imports fell by more than 50% year on year this spring after prolonged delays in foreign-currency payments weakened importers’ finances. The rice industry is owed about $1 billion, while domestic production covers only 50-60% of national demand.
Nepali farmers are facing shortages of urea and DAP after disruption at the Strait of Hormuz and tighter Indian controls constrained supplies. The government is under pressure to deliver fertilizer in time, although the available report provides no figures for volumes, prices or delivery schedules.
Romanian plastics manufacturer TeraPlast is establishing its first plant in Spain by acquiring Aliaxis’s plastic piping division in Álava. The transaction gives the group a direct manufacturing presence in the Spanish market.
Mack & Schühle CEO Fedele Angelillo says greater corporate scale is essential for the Italian wine industry to grow and compete with larger groups abroad. The company’s acquisition of Cantina La Versa illustrates its strategy of aggregation in a fragmented market.
Russia is intensifying development of rare earth deposits and aims to produce higher-value finished materials, First Deputy Prime Minister Denis Manturov said. The country has 28 million tonnes of rare earth resources and deposits containing nearly the full range of 17 elements in the group.
India is the world’s largest cotton producer, yet Bangladesh and Vietnam are well ahead in garment exports. The gap highlights the limits of relying on raw-material strength when competitiveness in synthetic fibers and finished clothing remains weaker.
Polyester and other chemical fibres are expected to keep dominating textile fibre demand through 2034, according to the OECD-FAO outlook. Cotton mill use is forecast to rise by about 1.2% annually, but synthetic fibres, competitive pricing and recycling will limit its gains.
Nearly 0.5 million tonnes of Indian basmati rice are stuck at ports as traffic through the Bab al-Mandab and the Strait of Hormuz remains disrupted. The bottleneck, tied to the unresolved US-Iran dispute, is set to raise the price of Indian rice for foreign buyers.
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