Market News

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

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| Trade Policy & Macro

US reviews duties on seamless steel pipe from Russia, Ukraine and other suppliers

The US International Trade Commission has opened a review of trade measures covering seamless carbon and alloy steel pipe from Russia, Ukraine, Czechia and South Korea. Russian pipe currently faces anti-dumping duties of 209.72% and a countervailing duty of 48.38%, while the anti-dumping rate for Ukrainian products is 23.75%.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Agriculture: Crops & Grains

Iranian premium rice prices rise as output is forecast at up to 2.4 million tonnes

Iran’s rice production is forecast to increase by 150,000-200,000 tonnes to 2.3-2.4 million tonnes this season. Consumer prices for premium domestic varieties range from 450,000 tomans per kilogram for Tarem Hashemi to 550,000 tomans for Gilan Domsiah, while the country is still expected to require 500,000 tonnes of imports.

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

Leading citrus region faces one of its worst harvests in 20 years

A major citrus-producing region is facing what growers describe as one of its worst harvests in 20 years. Several adverse factors are combining with longstanding farming difficulties and putting the viability of agricultural businesses under pressure.

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

Turkey seeks to lift raisin consumption as Europe absorbs most of Manisa’s output

Turkey’s annual domestic raisin consumption remains at about 40,000 tonnes, including use by the alcohol industry, while the Manisa Commodity Exchange wants it raised to at least 100,000 tonnes. Europe remains the principal market for Turkish raisins, with strong consumption in the United Kingdom, Germany and the Netherlands.

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

Algeria Tenders for 50,000 Tonnes of Soft Milling Wheat from Optional Origins

Algeria's state grains agency OAIC has issued an international tender to buy 50,000 tonnes of soft milling wheat, European traders told Reuters on Monday, 3 August. Shipment is offered from optional origins, leaving the sourcing decision to sellers. No price, seller names or final purchase volume were disclosed in the initial report.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Energy & Fuels

Independent fuel traders face pressure as Russia’s supply structure shifts

Companies linked to Russia’s largest oil producers are gradually replacing independent exchange traders serving private filling stations, SIA reported, citing Kommersant. Independents provide storage, working-capital financing, lot splitting and regional delivery, raising concerns that their retreat could reduce supply flexibility.

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Daniel Brooks
Lead Energy Markets Analyst
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