Market News

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

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| Electronics & Technology

iPhone 18 Pro demand in India up nearly 20% as Apple targets double-digit share

Demand for Apple's iPhone 18 Pro in India has risen by nearly 20% versus the iPhone 17 Pro at the same point last year, according to MacDailyNews, despite a base price equivalent to about $1,700. Counterpoint Research director Tarun Pathak expects Apple's volume market share in India to reach 10% in 2026, up from 4% in 2022. Zero-interest financing keeps monthly instalments below 10% of the handset price.

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Ji-won Park
Electronics & Technology Analyst
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| Food & Beverages

Russia's salmonid imports rise 14.4% to 38,100 tonnes in first half of 2026

Imports of salmonids into Russia reached 38,100 tonnes in January–June 2026, up 14.4% year on year, according to estimates by the industry association VARPE. Writing in Kommersant, VARPE president German Zverev attributes the increase to the market positioning of foreign product rather than a shortage of domestic supply. Full-year salmon imports hit 118,600 tonnes in 2025, the highest level since 2013.

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

Brazil's pig herd flat in 2025 while goat and sheep numbers hit records

Brazil's pig herd was essentially unchanged in 2025, while the country's goat and sheep flocks both reached record levels, according to Globo Rural. Brazil holds the fourth-largest pig herd in the world, is the fourth-largest pork producer and the third-largest pork exporter. A flat breeding base shifts the question of future pork volumes onto productivity rather than herd growth.

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

Algeria opens its market to Brazilian distillers grains for animal feed

Algeria has authorised imports of dried distillers grains (DDG) produced in Brazil, a corn ethanol byproduct used in cattle and poultry feed. The decision was announced in Brasília by Brazil's agriculture and foreign affairs ministries, according to ANBA. Morocco opened its market to the same Brazilian product in 2024.

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

Black pepper joins Brazil's FICC 2026 fair after US$296.6 million in Espírito Santo exports

Black pepper will be featured for the first time at the Feira Internacional do Café Conilon (FICC) 2026, held from 8 to 10 October in São Mateus, Espírito Santo. State government data cited by conexaosafra.com show Espírito Santo exported US$296.6 million in the spice between January and October 2025. The Brazilian pepper and spices association BSA will lead a panel on buyer standards, competitiveness and value addition.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Machinery & Automotive

Hybrids take more than half of Spain's car market, Observatorio Cetelem study finds

Hybrid vehicles now account for more than half of Spain's car market, according to the Estudio Motor 2026 published by Observatorio Cetelem and reported by El Periódico. The study identifies reliability and running costs as the purchase motivations gaining the most weight among Spanish drivers. The reported summary does not break hybrid sales into mild, full and plug-in categories.

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Henrik Johansson
Senior Machinery & Automotive Analyst
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| Agriculture: Crops & Grains

Iran targets more than 40,000 tonnes of olive exports as Tarom stays tied to raw sales

The head of Iran's National Olive Council said exports will rise from the current 20,000 tonnes to more than 40,000 tonnes in the coming years. In Zanjan province, where a 55,000-tonne crop is forecast, officials report 33 licensed canning plants and 14 oil mills but continued reliance on low-value bulk sales.

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

Chile targets Vietnam and Indonesia as China takes 77% of its Asian fruit shipments

China absorbs 77% of Chilean fruit shipments to Asia, while all of Southeast Asia accounts for just 0.5% of the country's export volume. Frutas de Chile representative Iván Marambio said new phytosanitary protocols with Vietnam and Indonesia are the key steps toward changing that balance, with cherries the only fruit holding broad access to the Vietnamese market.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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