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

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| Energy & Fuels

India approves 23,731 crore rupee Gobardhan scheme to make Bio-CNG from dung and crop residue

India's central government has approved the Gobardhan scheme with an outlay of 23,731 crore rupees, roughly $2.8 billion, to produce Bio-CNG from cattle dung and crop residue. Indian explainers have framed it as the next step after E20 petrol, but upgraded biomethane is chemically the same methane already sold as CNG. The constraint is feedstock logistics rather than technology.

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Priya Raghavan
Energy Markets Analyst
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| Machinery & Automotive

GM Korea sends 98.1% of July sales abroad as domestic footprint contracts

GM Korea sold 42,119 vehicles in July, with exports accounting for 98.1% of the total as domestic sales fell to 766 units. Strong overseas demand for two compact SUVs contrasts with a shrinking Korean product range and direct service network ahead of the 2028 expiry of its bailout agreement.

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Mei Tanaka
Senior Machinery & Automotive Analyst
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| Energy & Fuels

Heavy rains cut coal rail deliveries to Karnataka as power demand stays high

Heavy rainfall in Telangana and Maharashtra has disrupted coal mining and rail transport, cutting deliveries to Karnataka to about five or six rakes per day from around 11. Power plant inventories remain adequate, but prolonged disruption could increase restocking demand and support regional thermal coal prices.

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Priya Raghavan
Energy Markets Analyst
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| Food & Beverages

Russian meat consumption hits record 100.7 kg per person as poultry drives the gain

Rosstat estimates per-capita consumption of meat and meat products in Russia reached an all-time high of 100.7 kg in meat equivalent in 2025, up from 99.9 kg a year earlier. Poultry accounted for the entire increase, rising to 26.3 kg, while pork slipped to 17.1 kg and beef held at 9.3 kg. Economist Leonid Kholod links the record to chicken and pork prices falling in real terms to 2020-2021 levels.

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

India’s vegetable oil imports rise to 1.5 million tonnes in July

India imported about 1.5 million tonnes of palm, soybean and sunflower oil in July, up from 1.18 million tonnes in June but below 1.78 million tonnes a year earlier. Oil World linked the monthly rise to declining domestic production and stronger demand ahead of the festival season.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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