# Sugar Deficit at 6.3M Tons, EU Gas Breaks €90, Codelco Copper at $350

An episode of [The Commodities Trade Institute Podcast](https://invisiblenetwork.ai/podcast/1826784341), 21 Oct 2026, 7:25.

Audio: https://anchor.fm/s/10747c694/podcast/play/127827563/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-9-21%2F434647504-44100-2-ae13238e86573.m4a

European benchmark natural gas breaks ninety euros per megawatt hour amid intensifying global competition for winter supplies, while United States diesel prices hover above six dollars a gallon under severe domestic refining constraints. In industrial metals, Chile's Codelco sets European delivery premiums at a record three hundred fifty dollars per metric ton as trade flows concentrate inventory in the United States ahead of proposed tariffs. Meanwhile, extreme weather shocks batter agricultural production, driving the global sugar deficit toward seven million metric tons, depleting consumer coffee reserves, and halving French grain maize yields to a fifty-year low that has triggered a forty percent surge in European grain imports. https://www.commoditiesinstitute.com FOLLOW US @commoditiesinstitute Instagram - https://www.instagram.com/commoditiesinstitute YouTube - https://www.youtube.com/@commoditiesinstitute LinkedIn - https://www.linkedin.com/company/commoditiesinstitute/ Facebook - https://www.facebook.com/61584221970761 TikTok - https://www.tiktok.com/@commoditiesinstitute X - https://x.com/commodityhub Listen to the Podcast: Spotify Podcast - https://open.spotify.com/show/6eO2y40mmH5J8boeF0ANjJ Apple Podcast - https://podcasts.apple.com/us/podcast/the-commodities-institute-podcast/id1826784341 Commodities Market Oil Metals News Trading Agriculture Policy Politics Energy

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