China’s Ministry of Commerce is publishing the proposed allocation list of enterprises eligible for the 2026 tariff rate quota (TRQ) for sugar imports from Nicaragua. The notice invites public comment on the draft allocations. This relates to preferential tariff quota management under China-Nicaragua trade arrangements.
Topic Archives:Commodities
Critical Raw Materials Face Rising Export Restrictions, Increasing Risks to Global Supply Chains
The OECD reports a rise in export restrictions on critical raw materials, posing increasing risks to global supply chains. The report examines specific policy measures affecting the trade of minerals and other inputs essential to clean energy and manufacturing. This is a substantive policy analysis of named trade restrictive measures across multiple countries.
UK’s Steel Trade Measure from 1 July 2026
The UK government has announced a new steel trade measure effective 1 July 2026 that will limit tariff-free steel import quota volumes. This represents a safeguard-type restriction on steel imports entering the UK market. Further details on quota levels and product coverage are contained in the full publication.
Indonesia Sets CPO Export Reference Price at US$1,029.51/MT for June 2026
Indonesia’s Ministry of Trade set the reference price for crude palm oil (CPO) at US$1,029.51/MT for June 2026, down US$20.07 (1.91%) from the May 2026 level of US$1,049.58/MT. This reference price determines the applicable export duty (Bea Keluar) and the BLU BPDP levy rate. The announcement was made by the Director General of Foreign Trade.
WTO Agriculture Committee discusses domestic support, El Niño impacts, and Middle East conflict effects
The WTO Committee on Agriculture met on 27-28 May 2026 for its first session since MC14 in Yaoundé, covering farm domestic support and members’ notifications, net food-importing developing country status determinations, and global agricultural forecasts. Members also discussed the trade impacts of El Niño and the Middle East conflict on food markets.
Commission acts against dumped imports of softwood plywood
The European Commission imposed anti-dumping duties on imports of softwood plywood from Brazil into the EU. This trade remedy action targets dumped imports and affects Brazilian exporters in this product category.
EU and US launch strategic partnership on critical minerals
The EU and US signed a Memorandum of Understanding (MoU) establishing a strategic partnership on critical minerals, accompanied by an EU-US Critical Minerals Action Plan. The agreement formalizes bilateral cooperation on securing critical mineral supply chains. Details of specific commitments or measures under the Action Plan are not provided in the snippet.
Call for Input on Goods for Cost-of-Living Tariff Suspensions
The UK government is consulting on potential tariff suspensions covering agricultural goods, fertilisers, and kerosene, aimed at mitigating consumer cost pressures linked to the Middle East conflict. The call for input seeks stakeholder views on which goods should be covered. This is a formal policy consultation with specific product categories named.
June 2026: CPO Reference Price Falls, Export Reference Prices for Cocoa Beans and Pine Resin Rise, Leather Products Stable, Wood Products Vary
Indonesia’s Ministry of Trade has set the June 2026 reference price (Harga Referensi) for crude palm oil (CPO) at USD 1,029.51/MT, down 1.91% from May 2026, which affects export duty and palm oil fund levy calculations. Export reference prices (HPE) for cocoa beans and pine resin are set higher, while leather product prices remain unchanged […]
USD Strengthening Drives Correction in Gold Export Reference Price for June 2026 Period I
Indonesia’s Ministry of Trade has set the export benchmark price (HPE) for gold at USD 148,396.49/kg for the first period of June 2026, down 1.43% from USD 150,555.29/kg in the second period of May 2026. The reference price (HR) also fell to USD 4,615.65 per troy ounce from USD 4,682.80. These rates are established under […]