
Made in China
Backed by state subsidies, China's exports have shifted from cheap goods to high-tech sectors. Beijing now dominates EVs, AI hardware, chemicals, and robotics, challenging Western manufacturers.
GTradX / MARKET INTELLIGENCE
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Backed by state subsidies, China's exports have shifted from cheap goods to high-tech sectors. Beijing now dominates EVs, AI hardware, chemicals, and robotics, challenging Western manufacturers.

The EU and Canada are deepening ties in energy, critical minerals, and AI to reduce reliance on the US and China. Despite semantic debates over partnership labels, the Montreal summit yields real deals.

Orlen Upstream Norway and its partners completed appraisal drilling at the Afrodyta field. Recoverable reserves have more than doubled, securing over 4 bcm of natural gas for the Polish group.

FMCG giants warn of new price hikes amid rising costs. Simultaneously, European gas hits highs unseen since 2022, crippling the fertilizer market and threatening poor harvests and food inflation in 2027.

Nitrogen fertilizer prices in Poland are surging rapidly, echoing the 2023 crisis. With urea nearing 3,700 PLN/t at some outlets, farmers face plunging profitability and suspended retail sales.
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Thermal coal prices in Europe have topped $150 per ton. Ahead of winter, China and India are aggressively boosting stockpiles and output, while the global coking coal market remains relatively stable.

The European foundry sector is contracting due to the automotive crisis. At the Istanbul congress, experts highlighted Turkey's expansion, cheap Asian imports, and AI integration as defining industry shifts.

Saudi Aramco is reportedly considering selling its Polish assets, including Aramco Fuels Poland and its stake in the Gdańsk Refinery. The move is driven by strict EU ESG rules and a broader $50 billion global review.

Soaring oil and gas prices are fueling global inflation, hitting household budgets hard. Consumers face crippling increases in mortgage rates, winter heating bills, food, and record-high fuel costs.

To combat record diesel prices fueled by conflicts in Iran and Ukraine, the US government is loaning out emergency heating oil just ahead of the November elections to ease the burden on households.

China’s Q3 GDP expanded by 4.5% on the back of a powerful export surge. However, this growth conceals sluggish domestic demand and a record-breaking trade surplus that is provoking fierce EU pushback.