🌍 GLOBAL SULPHUR PRICES CONTINUE TO DECLINE

According to Argus (November 5, 2026), sulphur prices fell across major markets:

🔹 Middle East FOB: $680–740/t (-$55)
🔹 Vancouver FOB: $770–780/t (-$45)
🔹 Baltic FOB: $740–760/t (-$25)
🔹 India CFR: $820–830/t (-$45)
🔹 China CFR: $800–810/t (-$30)

📉 The Middle East monthly average dropped from $875/t in September to $725/t in November (MTD).

The downward trend is creating new purchasing opportunities for sulphur buyers worldwide.

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🇬🇪 GEORGIA’S AGRICULTURAL EXPORTS EXCEED $1.6 BILLION

Georgia exported $1.6 billion worth of agricultural and food products in the first 10 months of 2026, up 7% year-on-year.

Top export products:

🍷 Wine — $214.6M
🥃 Spirits — $211.2M
🥤 Soft drinks — $166.3M
💧 Mineral and drinking water — $154.7M
🌰 Nuts — $112.5M
🐄 Live cattle — $53.2M

Top export destinations:
🇷🇺 Russia — $568.6M
🇦🇿 Azerbaijan — $195.6M
🇪🇺 EU — $178.9M
🇦🇲 Armenia — $113.9M
🇰🇿 Kazakhstan — $91.6M

Russia accounts for more than one-third of Georgia’s agricultural export revenue, highlighting the strong concentration of trade flows.

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🇷🇺 Russia’s Container Market Grew by 6% in January–September 2026

Russia’s container market reached 5.3 million TEU in the first nine months of 2026, up 6% year-on-year, according to FESCO analysts.

📈 Key market trends:

Imports: 2.29 million TEU (+17%)
Domestic shipments: 1.2 million TEU (+3.7%)
Exports: 1.39 million TEU (-4%)
Rail transit: 428,000 TEU (-1%)

Imports remain the main driver of market growth, while export and transit volumes continue to decline slightly.

📊 In September alone, Russian container transportation increased by 5.7% year-on-year.

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🌍 The World’s Largest Oil Exporters in 2025

Which countries dominated global oil exports in 2025?

According to the OPEC Annual Statistical Bulletin 2026, the United States ranked first, followed by Saudi Arabia and Russia.

🚢 Top 10 oil exporters by average daily volume:

🇺🇸 United States — 10.71 million barrels/day
🇸🇦 Saudi Arabia — 7.92 million
🇷🇺 Russia — 6.63 million
🇨🇦 Canada — 4.13 million
🇦🇪 UAE — 3.90 million
🇮🇶 Iraq — 3.48 million
🇰🇼 Kuwait — 2.41 million
🇧🇷 Brazil — 2.35 million
🇳🇱 Netherlands — 2.11 million
🇮🇷 Iran — 2.08 million

📊 Key takeaways:

The United States accounted for 14% of global oil exports.
Saudi Arabia maintained its position as the world’s second-largest exporter.
Russia ranked third, with an 8.7% global share.
The Middle East remained the largest exporting region, accounting for 29.2% of global exports.

Figures include crude oil, condensates and petroleum products, measured as gross exports.

🌍 GLOBAL UREA MARKET: CURRENT PRICES WORLDWIDE

Urea prices remain under close market attention, with significant differences across major producing and exporting regions.

📊 Check the latest worldwide urea price benchmarks and track market movements across key markets.

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🇷🇺 Russia Maintains a Strong Share in Several Diesel Import Markets

From January 2025 to June 2026, Russia remained a leading supplier of diesel fuel and gasoil to several countries:
🇹🇷 Turkey — 87% of total imports
🇹🇳 Tunisia — 76%
🇧🇷 Brazil — 63%
🇬🇭 Ghana — 61%
🇸🇳 Senegal — 54%

Russian diesel continues to play a significant role in global fuel trade, maintaining a dominant position in several key import markets.

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#Diesel #OilTrade #Russia #FuelImports

🇰🇿 Italy was Kazakhstan’s largest export market in January–August 2026!

Kazakhstan exported:
🇮🇹 Italy — $10.87 billion
🇨🇳 China — approximately $10.65 billion
🇷🇺 Russia — significantly less, ranking 3rd.

Crude oil remains a major part of Kazakhstan’s exports.

But what other Kazakh products could find strong demand in Italy?

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#Kazakhstan #Italy #InternationalTrade #ExportImport

☕ Ethiopia Earns $878.5 Million from Coffee Exports in Just Three Months

Ethiopia’s coffee exports generated $878.52 million in revenue during the first three months of the current fiscal year, representing a 15% increase compared with the same period last year.

🌍 The export market is also shifting:

🇨🇳 China has emerged as Ethiopia’s third-largest coffee buyer.
🇷🇺 Russia has entered the top 10 destination markets.
📈 Export revenues continue to grow, highlighting strong international demand for Ethiopian coffee.

The growing presence of China and Russia highlights new opportunities for Ethiopian coffee exporters and international buyers.

Who is importing Ethiopian coffee, and who are the suppliers?

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🇷🇺 Krasnodar Region Harvests 14 Million Tonnes of Grain in 2026 — Sugar Production Set to Hit a Record

Russia’s Krasnodar Region has harvested 14 million tonnes of grain in 2026, up 23.9% compared with 11.3 million tonnes in 2025, according to Governor Veniamin Kondratyev.

The region has also achieved a record sugar beet harvest of 13 million tonnes, paving the way for local sugar factories to produce a historic 1.9 million tonnes of sugar.

Other agricultural results include:

🥕 Vegetables: 800,000 tonnes
🍇 Grapes: over 300,000 tonnes
🍎 Other fruits and berries: around 500,000 tonnes

Krasnodar remains one of Russia’s key agricultural powerhouses, with strong production potential across grain, sugar, vegetables and fruit.

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🛳️ Global Container Freight Rates Continue to Ease

Drewry’s World Container Index (WCI) fell 1% to $4,389 per FEU in Week 45, marking a second consecutive weekly decline. Rates are now down more than 4% over two weeks, although still 124% higher year-on-year.

📉 Key route movements:

Shanghai–New York: -3% to $9,303
Shanghai–Rotterdam: -2% to $3,615

The return of Maersk and Hapag-Lloyd services to the Suez Canal could improve vessel availability and put further downward pressure on freight rates.

However, carriers continue to manage capacity through blank sailings, with 46 cancellations expected across major East–West routes.

Drewry expects rates to continue their current downward trend next week.

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🇷🇺 Russia’s foreign trade turnover reached $576.2 billion in January–September 2026, up 13.9% year on year.

Exports rose 13.7% to $346.5B, while imports increased 14.1% to $229.7B.

Mineral products accounted for 56.2% of exports. Machinery, equipment and other manufactured goods made up 48.9% of imports.

Asia remained Russia’s main trading partner, accounting for 72.1% of total trade. Turnover with Asian countries grew 17.2%. Europe’s share was 16.4%, while the Americas and Africa each accounted for 3.3%.

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🇰🇿 Kazakhstan’s coal exports via Russia have almost collapsed!

According to Argus, coal transit through Russia plunged from 1 million tonnes in August to just 30,000 tonnes in October — a 97% decline.

🚂 Russian Railways reportedly approved zero transit applications to Baltic ports for October and November.

The southern route via OTEKO’s Taman terminal has also been suspended since early August due to Black Sea and Azov Sea shipping disruptions.

Where can Kazakhstan sell its coal now?

Poland, the Netherlands and Turkey are key buyers. However, Far Eastern routes are uneconomical, while China and Central Asia cannot easily absorb the lost volumes.

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#Kazakhstan #Coal #TradeData

🚢 The container revolution changed global trade. Is it reaching its limits?

70 years ago, loading a ship in London took 10+ days. Today, giant container ships can be loaded and unloaded in around 40 hours.

📦 Containers transformed shipping, reduced costs and connected global markets. But the system is under growing pressure.

Record port congestion, China’s massive exports and unbalanced trade flows mean millions of containers return almost empty. Repositioning costs money, while empty boxes occupy valuable port space.

Key figures:

280+ million container movements in 2025.
Around 60% of maritime cargo moves in containers.
7,000+ container ships worldwide.
Largest ships carry cargo equivalent to a 44-mile freight train.

⚠️ Congestion and rising logistics costs could threaten the era of cheap global trade.

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#Shipping #Logistics #GlobalTrade

🚗 Russia imported 4.79 million vehicles in less than five years

According to Avtostat, between January 2022 and October 2026, Russia imported 4.79 million vehicles, including 4.46 million passenger cars and 330,000 commercial vehicles and trucks.

New vehicles accounted for 59% (2.83 million), while used cars made up 41% (1.96 million).

🇨🇳 New car imports:

China – 77.5%
Kyrgyzstan – 8.7%
Kazakhstan – 4.1%
Belarus – 3%
South Korea – 1.7%

🇯🇵 Used car imports:

Japan – 54.4%
South Korea – 12.2%
China – 10.3%
Belarus – 8.1%
Armenia – 3.8%

Overall, China supplied almost 2.4 million vehicles (around 50% of total imports), while Japan accounted for 1.1 million (22.8%).

The picture is clear: China dominates Russia’s new car market, while Japan remains the leading source of used vehicles.

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🇮🇳 India Overtakes the US and China in Alcohol Consumption

India’s alcohol market is booming! Consumption increased by 10% in H1 2026, the fastest growth among 21 major markets, according to IWSR data reported by The Times of India.

Meanwhile, the US recorded a 4% decline and China a 3% decline.

🥃 Annual per-capita alcohol consumption (2024, litres of pure alcohol):

🇺🇸 USA: 9.16 L
🇮🇳 India: 5.24 L
🇨🇳 China: 3.7 L

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Armenia export import data is updated till end of October 2026.

🇰🇿🇨🇳 CHINA BUYS ALMOST ALL OF KAZAKHSTAN’S ARTEMIA. WHY ARE THESE TINY SHRIMP-LIKE CREATURES IN SUCH HIGH DEMAND?

Kazakhstan exports an unusual but valuable product: Artemia cysts — the eggs of tiny brine shrimp used as live feed in fish and shrimp farming.

📊 Kazakhstan’s Artemia exports, 2025–2026:

🇨🇳 China — 132 shipments, 3,443 tonnes
🇩🇪 Germany — 10 shipments, 113 tonnes
🇨🇿 Czech Republic — 1 shipment, 10 tonnes
🇮🇳 India — 13 shipments, 17.2 tonnes
🇧🇬 Bulgaria — 2 shipments, 6.3 tonnes

🇨🇳 China accounts for 95.6% of the total export volume by weight!

Why does China need so much Artemia?

Artemia cysts are essential in aquaculture, particularly in shrimp hatcheries and fish farms. They provide highly nutritious live feed for newly hatched shrimp and fish larvae.

As China’s aquaculture industry continues to develop, demand for reliable supplies of Artemia remains significant.

🌍 Mangus Trade — Real customs data covering 135 countries.

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