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| Agriculture: Crops & Grains

Syria opens its market to Brazilian corn, Bangladesh clears DDG imports

Brazil has obtained new export authorisations from Kuwait, Nicaragua, Syria and Bangladesh. Syria cleared Brazilian corn in grain and Bangladesh approved distillers' dried grains (DDG), the two openings most relevant to the grain and animal feed chains. Shipments still depend on each destination's specific requirements and on commercial negotiations.

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

European wheat slips to one-month low as Black Sea restart is priced in

Euronext milling wheat for December 2026 delivery fell to 233.75 euros per tonne on 25 September, the lowest since 25 August, before closing at 236.75 euros. The move reflects expectations of a possible restart of Black Sea grain exports. Eurostat data show EU cereal prices down 5.6% year on year in the second quarter of 2026 while input costs rose 4.7%.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Metals & Mining

Turkish steel exports shift to the Americas as EU sales fall 22%

Turkish steel exports rose 3.1% to 10.3 million tonnes in the first eight months of 2026, but the European Union was the only main market to contract, down 22%. South America gained 67% to 849,000 tonnes, while August finished steel shipments to the United States jumped 954.7% to 107,000 tonnes.

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Chen Wei
Metals & Mining Analyst
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| Food & Beverages

Ukraine seeks licensing of Belarusian dairy imports after market oversupply

Ukraine's Ministry of Agrarian Policy and Food has asked the Ministry of Economic Development to apply import licensing to part of customs group 04, milk and dairy products, in response to deliveries from Belarus. Imports from Belarus reached 12,530 tonnes worth $27 million in the first eight months of 2013, already above full-year 2012. The proposal follows complaints from the State Price Inspectorate and the Union of Dairy Enterprises.

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

Egypt expands sugar beet area as domestic output nears self-sufficiency

Al-Ahram Gate reports that Egypt is expanding both its sugar beet planted area and its beet yields, bringing national sugar output close to covering domestic consumption. The report sets out the direction without publishing figures for added area or production. For exporters, the shift turns Egyptian purchasing from a standing programme into residual, less predictable buying.

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

Indonesia raises October CPO reference price to $1,042.15 per tonne, cocoa up 7.49%

Indonesia's Ministry of Trade set the crude palm oil reference price for 1–31 October 2026 at US$1,042.15 per metric tonne, up 3.44% from September. The figure fixes the export levy at US$130.269 per tonne alongside a US$178 export duty. Cocoa bean reference prices rose 7.49% on El Niño-related supply concerns in West Africa.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Food & Beverages

German raw milk value breaks through 40-cent mark as butter prices climb again

Germany's ife raw material value for milk has moved back above 40 cents per kilogram, according to Elite Magazin. The publication also reported a slight increase in milk deliveries in mid-September and a renewed rise in butter prices, with market signals pointing to further recovery in the coming months.

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Isabella Romano
Lead Food & Beverage Analyst
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| Food & Beverages

Spain's snacks and nuts market grows 4.6% to €3,253.84 million in 2025

Spain's packaged snacks and nuts market generated €3,253.84 million in revenue in 2025, a 4.6% increase on the previous year, on 392,865 tonnes sold, according to Agronews Castilla y León. The figures imply an average of roughly €8.28 per kilogram across crisps, nuts and dried fruit. The reported data does not separate volume growth from price growth, leaving the key question for 2026 sourcing open.

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Isabella Romano
Lead Food & Beverage Analyst
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| Logistics & Freight

Flooding destroys Gyirong port complex at Rasuwagadhi–Timure, cutting Nepal's land trade route to China

Flooding on the 26th of last month destroyed the Gyirong port complex at Rasuwagadhi–Timure on Nepal's border with China, removing the only northern crossing equipped for regular commercial freight. Nepal's external trade reverts to routes running through Indian ports and southern land crossings. No reconstruction cost or reopening date has been made public.

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Fatima Al-Rashid
Logistics & Freight Analyst
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| Food & Beverages

Ecuador's Dairy Sales Rise 8% as Kefir, Greek Yogurt and Aged Cheese Lead Growth

Formal sales in Ecuador's industrial dairy sector grew 8% between January and April 2026 against the same period of 2025, with production up 5% and dairy wholesale and retail trade up 31%. Growth is concentrated in kefir, Greek yogurt and semi-mature and mature cheeses, while liquid milk loses ground. Processors are eyeing Peru, the United States and China, but raw milk supply is tightening after a 3% drop in output in 2025.

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Isabella Romano
Lead Food & Beverage Analyst
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| Electronics & Technology

India Earmarks ₹50 Billion to Build Three Homegrown Smartphone Brands

India's government has set aside about ₹50 billion within a ₹625 billion mobile manufacturing scheme aimed at building roughly three strong domestic smartphone brands. Indian brands' market share collapsed from about 45% in 2014 to around 1% in 2025, while Chinese manufacturers now hold more than 73% of the market.

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Ji-won Park
Electronics & Technology Analyst
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