Market News

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

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| Food & Beverages

Uttarakhand bans manufacture and sale of fake paneer and ghee made from vegetable oil and starch

The Uttarakhand government has prohibited the manufacture, storage, transport and sale of substandard and imitation dairy products with immediate effect, including goods sold as paneer, ghee and butter but made from vegetable oil, starch and chemicals. The order was issued under the Food Safety and Standards Act, 2006, and will be backed by a statewide inspection drive covering dairy units, warehouses, markets, hotels, restaurants and sweet shops.

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David Okafor
Food & Beverage Analyst
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| Food & Beverages

Mexico opens preferential tariff quotas to UK dairy products

Mexico has added the United Kingdom to tariff-quota rules covering milk, cheese, butter and other products under the CPTPP. British goods must satisfy the agreement’s rules of origin to receive preferential tariff treatment.

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

Vietnam targets Turkish market for coconut, dragon fruit, mango and durian

Vietnam sees significant room to expand tropical fruit exports to Turkey, particularly fresh coconut, dragon fruit, mango, durian and frozen products. Growth will depend on compliance with Turkish food rules, stronger cold-chain logistics and access to mainstream retail and hospitality buyers.

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

Indonesia’s palm oil exports surge to 2.75 million tonnes in June

Indonesia exported 2.75 million tonnes of crude and refined palm oil and PFAD in June, up from 1.49 million tonnes in May. China remained the largest buyer, while Oil World expects lower exports in the second half of 2026 as production declines and domestic biodiesel demand rises.

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

Brazil adds tomato to PGPAF price-guarantee list; orange bonus reaches 73.64% in Sergipe

Tomato has entered Brazil's Family Farming Price Guarantee Program (PGPAF) from August, giving family growers in Bahia and Piauí a discount on Pronaf loan instalments. Ordinance SAF/MDA No. 372 sets bonuses valid from 10 August to 9 September, with the highest rate of the round, 73.64%, applied to oranges in Sergipe. Cocoa and sisal left the list after prices recovered above the program's reference value.

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Ana Lucia Fernandes
Senior Agricultural Commodities Analyst
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| Energy & Fuels

Romania ranks among Europe’s costliest day-ahead power markets as heat strains supply

Romania’s day-ahead electricity price reached about €178/MWh, up 48%, as extreme heat lifted cooling demand while wind, hydro and nuclear output weakened. Only Italy and Serbia recorded higher prices among the markets cited by Jurnalul, renewing concern over regional grid constraints and future consumer bills.

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Daniel Brooks
Lead Energy Markets Analyst
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