Market News

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

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| Machinery & Automotive

Buick enters South Korea with China-built Electra E7 plug-in hybrid SUV

General Motors is launching Buick in South Korea with the China-built Electra E7, a five-seat plug-in hybrid SUV priced in the KRW 43 million-KRW 54 million range. Sales begin in November through Chevrolet’s national retail network, while battery sourcing and acceptance of a China-produced premium vehicle remain early tests.

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Mei Tanaka
Senior Machinery & Automotive Analyst
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| Energy & Fuels

Argentina’s 10 wood-pellet plants seek growth in agricultural processing

Argentina’s wood-pellet producers are targeting dairy, poultry and other heat-intensive agricultural industries as new sources of domestic demand. The country had about 10 production plants identified by 2025 and 1.3 million hectares of forest plantations supporting its biomass supply.

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

ProZerno sees smaller Russian groat crops in 2026: buckwheat at 794,000 t, rice at 833,000 t

Russian consultancy ProZerno expects the 2026 buckwheat crop at 794,000 tonnes, rice at 833,000 tonnes and millet at 240,000 tonnes, all below 2025 levels. Smaller planted area is the main reason, with yields also lower for every crop except millet. Company head Vladimir Petrichenko says the market has not yet priced the shortfall in, as harvesting continues and prices fall.

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

Indonesia’s Free Nutritious Meals Program Lifts Demand for Chicken and Eggs

Indonesia’s Free Nutritious Meals program is creating new demand for chicken and eggs, contributing to higher chicken prices. Economists are calling for production incentives, financing and technical support as a Rp2.2 trillion livestock-production hub is developed.

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

Cocoa Prices Under Pressure as Ivory Coast Supply Accelerates and ICE Inventories Stay High

Global cocoa quotations are declining as beans arrive faster from Ivory Coast and stocks in ICE-certified warehouses remain elevated, Bisnis.com reported. The combination erodes the scarcity premium that carried the market through two seasons and shifts pricing power toward grinders and buyers.

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

Mexico’s Chicken and Egg Output Rises as Producer Value Falls

Mexico produced 150,000 more tonnes of chicken and 81,000 more tonnes of eggs, but the value of output fell by $587 million and $894 million, respectively. Lower prices in the production chain have not been fully reflected in consumer prices.

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

Poland steps up e-cigarette excise enforcement with more than 1,200 inspections

Poland’s National Revenue Administration conducted more than 1,200 inspections of the e-cigarette and refill-liquid market in the first half of 2026. Authorities secured more than 6.7 million millilitres of e-liquid and 424,400 e-cigarettes while targeting excise noncompliance and tax fraud.

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Charlotte Dubois
Senior Consumer Goods Analyst
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