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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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| Agriculture: Crops & Grains

Soybean market weighs El Niño risk as analyst sees Chicago above $14 in 2027

Weather forecasts for Brazil are becoming a larger factor in soybean pricing as the market shifts its attention from the US harvest to South America. Safras & Mercado analyst Rafael Silveira says a serious Brazilian crop loss could redirect demand to US soybeans and push Chicago futures above $14 a bushel in 2027.

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

Ukraine’s Illegal Cigarette Market Reaches Two-Year High at 21.6%

Illegal cigarettes accounted for 21.6% of Ukraine’s market in July 2026, the highest share in two years. Kantar Ukraine estimates the resulting annual tax loss at UAH 36.4 billion, with duty-free and export-labelled products driving the latest increase.

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Charlotte Dubois
Senior Consumer Goods Analyst
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| Food & Beverages

High Paddy Costs Squeeze Indonesia’s Small and Midsized Rice Mills

Indonesia’s smaller rice mills face narrowing margins as paddy costs rise while government retail ceilings limit finished-rice prices. Bulog’s procurement supports farmers and public stocks but intensifies competition for raw material, strengthening calls for regulatory relief and transparent milling-yield data.

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David Okafor
Food & Beverage Analyst
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| Food & Beverages

Pork imports to Bosnia and Herzegovina up nearly 70% in six years as pig herd shrinks by a third

Official trade data show pork imports into Bosnia and Herzegovina rose from about 15 million kilograms in 2019 to 25.3 million kilograms last year. Over the same period the pig herd in Republika Srpska fell from 515,000 to 357,000 head. Producers are demanding duties and per-kilogram levies on imported pork and beef.

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David Okafor
Food & Beverage Analyst
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| Agriculture: Crops & Grains

Conadesse: Imports Curb Mexico's Push Into Cane Bioplastics, Paper and Feed

Industry organisation Conadesse says Mexico already has the raw material and the capacity to turn sugarcane into bioplastics, paper and livestock feed. It also warns that imported goods, including bioplastics from China and imported paper, are displacing cane-based alternatives in the domestic market and holding back the sector's potential.

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

European potato harvest falls by up to 30% after acreage cuts and drought

European potato harvests are down by as much as 20%, with local peaks of 30%, after farms cut their production base by an average of 10 percentage points following the 2025 price collapse and then faced drought and heat. Italian yields are 7% to 21% below the last five years, while Trentino holds both volume and quality, with Copag expecting to exceed 4,500 tonnes.

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

Spain's sheep and goat meat sector contracts in 2026 as consumption falls 13.3%

Spanish sheep slaughter fell 8% to 3,977,072 head between January and July 2026, with sheep meat output down 5.7% to 54,018 tonnes. Household purchases of fresh sheep and goat meat dropped 13.3% year on year, while lamb prices rose between 5.2% and 12.9%. Live sheep imports jumped 42.2% as live exports fell 21.8%.

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

USDA: rapeseed and sunflower oil to lead growth in global vegetable oil trade in 2026/27

A United States Department of Agriculture outlook reported by Agence Ecofin places rapeseed oil and sunflower oil at the front of global vegetable oil trade growth in the 2026/27 marketing year. The two oils together account for about 25% of world vegetable oil consumption. Supply and demand conditions in the coming season are seen favouring them against competing oils.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Food & Beverages

Russia Enters Top 10 Global Coffee Import and Consumption Markets

Russia has secured a place among the world's ten largest coffee importers and among the ten largest consuming countries, eurosmi.ru reports. Indonesia has moved into the top three suppliers to the Russian market for both bean and instant coffee, as Latin American supply channels are supplemented by Southeast Asian routes.

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Isabella Romano
Lead Food & Beverage Analyst
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