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News updates regarding production

Cocoa production in Ivory Coast is projected to increase by 10.5%, reaching 2.1 million tonnes in the 2025/26 season.

Cocoa production in Ivory Coast is expected to rebound strongly after three consecutive years of decline, reaching 2.1 million tons thanks to improved farming techniques and plantation management.

Market

China reduced steel production but increased iron ore imports to 418.6 million tons.

China's steel output declined by 4.1% in the first four months of 2026, but iron ore imports still grew by 8%, reflecting a structural shift in the industry.
OPEC+ plans to increase oil production quotas by 188,000 barrels per day starting in July 2026.

Seven OPEC+ member countries are expected to raise their oil production targets for the fourth consecutive month, despite the risk of supply disruptions in the Middle East and the UAE's departure from the group.

Shanghai copper prices rose to 104,980 CNY/tonne due to supply concerns from Chile.

On May 21st, copper prices rose for the fifth consecutive session as Chile lowered its production forecast. A weaker US dollar also contributed to supporting the prices of non-ferrous metals.
Copper prices in Shanghai rose to 104,980 CNY/tonne due to concerns about supply from Chile.

Global copper prices fluctuated in opposite directions on May 21st, with the Shanghai exchange rising 1.38% on news that Chile lowered its production forecast, while the London exchange fell slightly by 0.19%.
China's oil refining output hit a four-year low of 13.3 million barrels per day.

Oil refining activity in China in April 2026 fell 5.8% to its lowest level since 2022 due to negative profit margins and weakening domestic demand.
China's refined crude oil output hit its lowest level in nearly four years.

Oil refining activity in China declined in April 2026 due to negative profit margins. Production reached 13.3 million barrels per day, the lowest level since August 2022.

Iron ore prices fluctuated in opposite directions on May 20th, with the market anticipating a recovery in hot pig iron production.
May 20, 2026 18:01

Iron ore prices on the Dalian Commodity Exchange edged higher to 800 CNY/tonne on expectations of a resumption of blast furnace production in China, while prices in Singapore recorded their fifth consecutive day of declines.
Global rice market 2026/27: Trade reaches a record 63.1 million tons.
May 17, 2026 14:30

World rice production is projected to decline slightly to 537.8 million tons, while exports and imports are expected to reach historical highs thanks to strong demand from Asia and Africa.
Global rice production is projected to fall to 538 million tons, threatening food security.
May 15, 2026 12:00

The USDA forecasts a decline in global rice production for the 2026-2027 crop year, the first drop in over a decade, driving up Thai rice prices by 15% and putting inflationary pressure on Asia.
Russia's crude oil production is expected to plummet by 460,000 barrels per day in April 2026.
May 14, 2026 18:02

A report from the International Energy Agency (IEA) shows that Russia's crude oil production has fallen to 8.8 million barrels per day, but crude oil exports have recorded an increase.
Russian oil production is expected to fall to 8.8 million barrels per day in April 2026.
May 14, 2026 10:30

The latest report from the IEA shows a sharp decline in Russian crude oil production, but seaborne exports are showing impressive signs of recovery.
Asia significantly increases coal-fired power production as LNG prices surge 62% due to Middle East conflict.
May 13, 2026 10:31

Supply disruptions from Qatar and rising LNG costs are forcing countries like Japan, South Korea, and Vietnam to prioritize coal-fired power plants to ensure energy security.
Vietnam maintains its position as the world's second-largest coffee producer with 27.9 million bags.
May 13, 2026 08:30

Brazil and Vietnam continue to lead the global coffee market. While Brazil dominates in arabica production, Vietnam is poised to solidify its position as the number one producer of robusta in 2025.
OPEC oil production hit its lowest level in more than two decades due to tensions in the Strait of Hormuz.
May 12, 2026 15:31

OPEC's oil production in April 2026 plummeted to 20.04 million barrels per day, the lowest level since 2000, due to the impact of geopolitical conflicts in the Middle East.
Analysis of the actual production of Russian fighter jets in 2025
May 10, 2026 21:29

Actual data shows that Russia's fighter jet production has only reached about 50% of its target, insufficient to offset significant battlefield losses in 2025.
Global rice supplies face risks from Middle Eastern conflicts and the El Niño phenomenon.
May 6, 2026 11:30

Geopolitical conflicts are disrupting fertilizer and fuel supply chains, combined with the El Niño phenomenon causing droughts in Southeast Asia, directly threatening global food security...
The Ministry of Industry and Trade proposes increasing the volume of electricity contracted with LNG to 75% to resolve the financial bottleneck.
May 5, 2026 16:31

To address obstacles in securing financing for LNG power projects, the Ministry of Industry and Trade proposes increasing the minimum long-term contract electricity output ratio from 65% to 75%.
OPEC+ will increase oil production quotas by 188,000 barrels per day in June 2026.
May 4, 2026 12:01

The OPEC+ alliance decided to raise its production target for the third consecutive month to stabilize the market amid oil prices exceeding $125 per barrel and supply disruptions from the Strait of Hormuz...
OPEC+ will increase oil production quotas by 188,000 barrels per day in June 2026.
May 4, 2026 11:30

The seven OPEC+ member countries agreed to raise their oil production targets in June 2026 to maintain market stability after the UAE left the alliance and the conflict with Iran disrupted oil supplies...
Lychee production in 2026 is projected to decrease by 50%, while selling prices will reach a record high of 210,000 VND/kg.
May 4, 2026 09:29

Due to unfavorable weather conditions, lychee production in key growing regions is estimated to have dropped sharply. The scarcity of supply has driven up farmgate prices and retail prices to their highest levels...
Brazil's sugar production for the 2026/27 season is projected to fall to 43.95 million tons despite increased sugarcane crushing.
May 4, 2026 06:58

Conab forecasts Brazil's sugar production for the 2026/27 season to fall to 43.95 million tons, while ethanol production is expected to surge to 40.69 billion liters, benefiting from lower global oil prices.

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