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| Energy & Fuels

Neptun Deep first gas to reach Romania's grid in first half of 2027, OMV Petrom and Romgaz confirm

OMV Petrom and Romgaz have reconfirmed that the Black Sea Neptun Deep project will deliver first gas into Romania's National Transmission System in the first half of 2027. Plateau output is estimated at about 8 billion cubic metres a year on a 100% basis, backed by roughly €4 billion of investment. The International Energy Agency says the volumes will shift the gas balance across Central and Eastern Europe.

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Daniel Brooks
Lead Energy Markets Analyst
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| Agriculture: Crops & Grains

Pakistan secures additional 70,000-tonne rice export allocation from Malaysia

Pakistan has secured an additional 70,000 metric tons of rice exports to Malaysia for October-December 2026. Prime Minister Shehbaz Sharif said the shipment would support the national economy and farmers while advancing the government’s export-led growth policy.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Textiles & Consumer Goods

Pandora puts 150 million dollars into a Vietnam plant as US jewellery demand cools

Weak US consumer confidence is pressuring Pandora's jewellery sales in what had been a main growth market for the Danish group. The company is investing about 150 million dollars in a plant in Ho Chi Minh City that will cover roughly one third of total output by 2030, with capacity for 60 million pieces a year. Pandora is also tilting sales exposure toward Japan and the rest of Asia and switching from silver to platinum plating.

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Charlotte Dubois
Senior Consumer Goods Analyst
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| Agriculture: Crops & Grains

Regenerative farming partnerships create a US market for buckwheat

Partnerships among entrepreneurs, farmers and industry are creating commercial demand for buckwheat in the United States, Forbes Brasil reports. The crop is being positioned as a way to restore soil and diversify farm rotations.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Energy & Fuels

Romanian gas prices nearly double in two months, overtaking the Vienna hub

Gas quotations on the Romanian Commodities Exchange rose from 273.78 lei/MWh on 20 July 2026 to a peak of 511.18 lei/MWh in mid-September, and now sit near 460 lei/MWh, above the roughly 380 lei/MWh equivalent at the Baumgarten hub. Households are shielded by a price cap until March 2027, with Romgaz supplying more than 80% of residential demand at regulated prices. Industrial consumers remain fully exposed to European price formation.

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Daniel Brooks
Lead Energy Markets Analyst
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| Agriculture: Crops & Grains

Weather, High Costs and Processed Imports Pressure Brazil’s Potato Growers

Potato prices in Porto Alegre rose sharply before retreating, while farmgate returns remained volatile and often insufficient to cover investment. Excess rain is delaying planting in Rio Grande do Sul, and imported processed potatoes are adding pressure on Brazilian growers and processors.

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

Iran's date industry says output and exports could double in five years with policy reform

The vice-president of the National Date Association of Iran, Hadi Moghadam, told a session at the Khorramshahr Chamber of Commerce that the date industry's production and export capacity could double within five years if management policies are revised and the production and processing chain is supported. He criticised past export bans, trading-card ceilings, currency repatriation rules and an increase in the customs export base value made without consulting the association. Most of Khuzestan province's date crop is sold abroad.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Johnvents says Nigerian cocoa plants ran at 82% of capacity in first half of 2026

Johnvents Group told investors its Akure and Ile-Oluji plants processed 19,806 tonnes of cocoa in the first half of 2026, equal to 82% of combined capacity, up from 66% across 2025. Official NBS data still show Nigeria earning far more from raw beans than from cocoa butter, with first-quarter bean exports at 596.9 billion naira against 41.69 billion naira for butter.

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David Okafor
Food & Beverage Analyst
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