Chinese walnuts and Canadian peas are being moved into India through Nepal, bypassing formal import channels. Chinese walnuts reportedly sell for ₹350-400 per kilogram, against ₹700-800 for walnuts from Jammu and Kashmir.
Severe drought is threatening rice paddies in Italy’s Po Valley, the country’s principal rice-growing region. Lower production could tighten supplies and raise domestic prices in Europe’s leading rice-producing country.
India buys maize-based ethanol at a fixed ₹71.86 a litre while a litre of crude costs it around ₹55, and the Petroleum Ministry concedes blending is dearer than plain petrol at $70 oil. Maize now supplies close to half of India's ethanol, turning a former exporter into a net importer in 2024. Sugar mills face frozen ethanol prices and distilleries run at about half of a 20-billion-litre capacity.
Weak demand for recycled plastic is congesting storage facilities used by Italian municipalities, according to Alternativa per Anzio. The association is seeking financial and regulatory intervention as virgin resin and material from outside Europe gain a competitive advantage.
Iran will open registration for imports of fresh and frozen beef, veal and lamb from 1 Shahrivar 1405 without volume ceilings or trader-history requirements. The measure broadens access to the import process in a market producing about 900,000 tonnes of red meat and importing an average of 100,000 tonnes annually.
Kyrgyzstan recorded a $12.773 million foreign-trade deficit in dairy products in the first half of 2026, according to for.kg. Kazakhstan nevertheless bought $13.6 million of Kyrgyz dairy products, while domestic producers increased their activity noticeably in June.
Kazakh crude exports through the Caspian Pipeline Consortium terminal declined by more than 7% in the first half, Profit.ro reported. The terminal also supplies crude used by Romania’s operating refineries, making the reduction relevant to Black Sea feedstock availability.
Vietnam’s Dung Quat refinery operated at a record average converted utilization rate of 124% in the first seven months of 2026. BSR reported output of 4.76 million tonnes, consolidated revenue of VND120 trillion and pre-tax profit of VND18.9 trillion.
Austria is experiencing its driest year since measurements began, with grain production down more than 20% and the maize harvest expected to fall by 30-50%. The drought is also reducing livestock feed, lowering groundwater levels and increasing pressure on food prices, public finances and infrastructure.
Iran’s free-market dollar opened at about 189,400 tomans, increasing the cost of imported vehicles, spare parts, port services and logistics equipment. The pressure is extending across road, maritime, rail and air transport while raising working-capital requirements for logistics companies.
Saudi Arabia is examining the industrial potential of waste generated by more than 37 million date palms. With annual date production exceeding 1.9 million tonnes, material once treated as an economic and environmental burden could become an input for new industries.
Falling cocoa prices have yet to deliver broad chocolate price cuts because manufacturers are still absorbing earlier cost increases and protecting margins. Lindt is selectively lowering prices, while Barry Callebaut and Nestlé are focusing on premium products, demand recovery and lower future input costs.
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