News about International trade
Russia suspended ammonium nitrate exports for a month. Exports will resume on April 21. The ministry explained this by the priority of providing fertilizers to Russian farmers during spring field work. The exception will be deliveries under intergovernmental agreements.
The March report of the International Grains Council (IGC) forecasts a 1.3% decline in global corn production in the 2026/27 marketing season to 1.303 billion tons. At the same time, global consumption of this grain will increase and is likely to exceed production. The final stocks of corn grain will decrease significantly.
The Ministry of Energy has warned Moldovan residents about possible power outages on Wednesday, March 25, from 17:00 to 22:00. This was announced by Carolina Novak, State Secretary of the Ministry. These measures are part of the actions within the framework of the emergency situation in the energy sector, which is to be considered today by the Parliament.
Kazakhstan may become the first Central Asian country to join the board of the International Civil Aviation Organization (ICAO). The Senate ratified amendments to the Chicago Convention, which provides for the expansion of the organization’s council.
Problems with the quality of Argentine sunflower imported to the Black Sea countries this spring are changing the balance on the market of the region in a paradoxical way. On the one hand, there is nominally more raw material. On the other hand, the actual supply of sunflower suitable for processing into food and fodder has not increased in the regional market. Obviously, such a contradiction between expectation and reality in the very near future will be reflected in the regional sunflower prices.
Trade in wheat of the new harvest has revived on the Ukrainian market. Some farmers and agricultural holdings have started to enter into forward contracts more actively, using current grain prices to fix future sales. At the same time, forward market prices are already higher than spot market prices, which is uncommon.
The advancement of the process of launching the Chisinau Stock Exchange (BVC) was the subject of discussion at a regular meeting of the Economic Council under Prime Minister on March 24.
UPDATED. The Moldovan government imposes an emergency situation in the energy sector for 60 days. For this purpose, extraordinary sessions of the Government and Parliament will be held on Tuesday, March 24.
The Moldovan transport sector has been hit hardest by rising fuel prices. The authorities are ready to find the necessary solutions to mitigate the impact on the industry if the conflict in the Middle East continues.
Japan will release oil from the state reserve on March 26, such a decision was made at a meeting of line ministers headed by Prime Minister Takaichi on stabilizing oil supplies in connection with the crisis in the Middle East, Kyodo news agency reported.
Resolv Energy intends to obtain financing from the European Bank for Reconstruction and Development (EBRD) for the construction and operation of a solar panel park with a capacity of more than 1,200 MW in Arad. If the idea is realized, the park will become the largest such facility in Europe. The preliminary investment volume is estimated at 1 billion euros.
World trade in wheat flour will fall to a four-year low in the 2025/26 marketing year. This forecast was issued by the International Grains Council (IGC). According to the organization’s estimates, trade volumes will be about 16 million tons (in terms of wheat), which is 3% less than last year. Sales are falling for the second season in a row.
Increase in tariffs for road transportation services is becoming a key factor in trade in agricultural products. The increase in diesel and gasoline prices by an average of 30% over the last two weeks has almost led to a situation where the sale of agricultural commodities becomes unprofitable due to high transportation costs.
In 2025, Brazil recorded the highest agricultural production in history and consolidated its position as one of the world’s leading powers in food production. This is according to the latest data from the Brazilian State Institute of Geography and Statistics (IBGE).
EU enlargement is a strategic investment in security, and the integration of Ukraine and Moldova directly contributes to regional stability and the development of energy, transportation and digital infrastructure. This was stated by Marta Kos, EU Commissioner for Enlargement, at the Conference on Security in the Black Sea Region organized in Chisinau under the auspices of the Crimean Platform.
The governments of Moldova and the German state of Baden-Württemberg will set up an intergovernmental mixed commission to expand cooperation in economy, agriculture, energy and other fields.
Spot prices for granulated urea in key FOB markets exceeded $700/t on the back of blocking most supplies from the Middle East, which limits available supply in the global market.
By the end of the current week gold in bullion was sold at about $4685 per ounce. That is, the price fell by about 7% during the week. The sharp rise in oil, natural gas and fuel prices caused by the conflict in the Middle East increases inflationary concerns and makes it less likely that central banks will reduce the cost of borrowing. This has a negative impact on gold as it does not earn interest income.
The volume of car imports from China to the European Union for the first time exceeded the export of European car products to China, Ernst & Young (EY) – one of the world’s largest audit and consulting companies – reported.
US President Donald Trump has issued an ultimatum to Iran, threatening to destroy its power plants if the Strait of Hormuz is not opened within 48 hours.
