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Commodity watch · updated Nov 13, 7:44 AM EST

Azerbaijan: commodities

For every crop USDA forecasts and every country that matters for it: USDA's crop outlook, the weather forecast over the main growing regions at the crop's stage, trade, prices and hedge funds' bets, and how much our sources are saying about it. A plain score from 0 to 100 says how much the supply looks at risk, and when the risk is real but the news is quiet, the watch raises a flag. Now: 800 cards for 62 commodities, 5 flagged.

Cottonseed

0· no cut expected
CropUSDA: 195,000 t in 2026/27, down 0% on last year
TradeExports 30,000 t, 3% of the world's; imports 3,000 t
NewsNo reports in our sources in the last 14 days

Cottonseed meal

0· no cut expected
CropUSDA: 66,000 t in 2026/27, down 12% on last year
TradeExports 15,000 t, 6% of the world's

Cottonseed oil

0· no cut expected
CropUSDA: 20,000 t in 2026/27, down 13% on last year
TradeExports 5,000 t, 8% of the world's

Peaches and nectarines

0· no cut expected
CropUSDA: 80,000 t in 2026/27, down 20% on last year
TradeExports 70,000 t, 7% of the world's
NewsNo reports in our sources in the last 14 days

Bought from the US

USDA's weekly export sales, the week to October 29, 2026: new sales less cancellations, and this marketing year's shipments.

CommodityThis weekShipped this year
beef0 t4 ta year earlier 0

Who buys its commodities

Its biggest commodity exports (farm, energy, metals) in 2024 and their main buyers, by value (CEPII BACI, January 2026 release, from UN trade statistics; Etalab Open Licence 2.0).

  • Crude oil $13 billionItaly 38%, Czechia 8.2%, Croatia 7.4%, Fed. Rep. of Germany (...1990) 5.5%
  • Natural gas $8.1 billionItaly 44%, Turkey 37%, Bulgaria 7.6%, Greece 7.5%
  • Gold $214 millionSwitzerland 100%, United Arab Emirates 0.1%
  • Cotton $180 millionTurkey 83%, Turkmenistan 11%, Iran 2.4%, Bangladesh 1.8%
  • Urea $160 millionUkraine 41%, Romania 11%, Turkey 11%, Serbia 9.5%
  • Aluminium $81 millionTurkey 52%, Japan 21%, Uzbekistan 9.9%, Bulgaria 4.9%
  • Butter $79 millionRussia 100%, Georgia 0%, Iraq 0%, Kyrgyzstan 0%
  • Peaches and nectarines $69 millionRussia 98%, United Arab Emirates 0.9%, Belarus 0.6%, Kazakhstan 0.5%
  • Apples $63 millionRussia 86%, United Arab Emirates 4%, Uzbekistan 3.5%, Kazakhstan 2.8%
  • Sugar $38 millionTurkmenistan 55%, Uzbekistan 35%, Tajikistan 6.8%, Russia 2.8%

Where its commodities come from

Its biggest commodity imports in 2024 and where they come from, by value.

  • Gold $5.2 billionUnited Kingdom 37%, Australia 28%, United States 20%, Mexico 3.3%
  • Crude oil $1.1 billionRussia 81%, Kazakhstan 11%, Turkmenistan 8.1%
  • Wheat $286 millionRussia 88%, Kazakhstan 12%, Turkey 0.2%, Austria 0%
  • Butter $174 millionIran 57%, New Zealand 22%, Belarus 4.4%, Ukraine 4%
  • Aluminium $168 millionKazakhstan 81%, Russia 18%, Iran 0.9%, China 0.1%
  • Soybean meal $106 millionArgentina 59%, Turkey 22%, Russia 15%, Ukraine 4.3%
  • Natural gas $87 millionTurkmenistan 70%, Russia 30%, United States 0%, Netherlands 0%
  • Palm oil $82 millionIndonesia 63%, Malaysia 36%, Russia 0.2%, Turkey 0.1%
  • Tea $75 millionSri Lanka 74%, Russia 12%, India 8.4%, Kenya 1.2%
  • Rice $69 millionIndia 74%, Pakistan 7.4%, Turkey 6.5%, Kazakhstan 4.5%

Azerbaijan's country page

Prices, October 2026

The World Bank's monthly averages in US dollars (the Pink Sheet, updated November 3), against the month before and a year before. Licensed CC BY 4.0.

CommodityPriceMonthYear
Energy
Crude oil, average108.5 $/bbl+6.1%+72.2%
Crude oil, Brent125 $/bbl+7%+93.2%
Crude oil, Dubai102.7 $/bbl+10.1%+59.7%
Crude oil, WTI97.7 $/bbl+0.8%+62.3%
Coal, Australian152.3 $/mt+3.5%+41.7%
Coal, South African100 $/mt+1.8%+9.2%
Natural gas, US2.96 $/mmbtu+0.3%−7.5%
Natural gas, Europe28.5 $/mmbtu+12.1%+161.7%
Liquefied natural gas, Japan16.59 $/mmbtu+2%+49.5%
Natural gas index182.7 2010=100+8.9%+86.2%
Beverages
Cocoa5.75 $/kg−2.9%−3.4%
Coffee, Arabica7.4 $/kg+1.9%−16.9%
Coffee, Robusta3.63 $/kg−1.6%−23.4%
Tea, avg 3 auctions2.88 $/kg+0.7%−4.3%
Tea, Colombo3.75 $/kg+0.5%−4.8%
Tea, Kolkata2.55 $/kg+0.8%−10.8%
Tea, Mombasa2.33 $/kg+1.3%+4.5%
Food
Coconut oil2,029 $/mt−2.4%−20.3%
Groundnuts1,600 $/mt+2.4%+33.3%
Fish meal2,840 $/mt−2.6%+60.5%
Groundnut oil1,850 $/mt−0.5%+13.6%
Palm oil1,120 $/mt−5.1%+7.9%
Palm kernel oil2,287 $/mt−2.9%+0.6%
Soybeans515 $/mt−1.7%+27.5%
Soybean oil1,546 $/mt−4.3%+36.6%
Soybean meal453 $/mt+1.3%+27.2%
Rapeseed oil1,405 $/mt−2.6%+11.2%
Sunflower oil1,413 $/mt+1.4%+3.7%
Barley80.4 $/mtAugust 2020——
Maize226.5 $/mt−5.5%+14.3%
Sorghum189.5 $/mtAugust 2020——
Rice, Thai 5%489 $/mt+1.5%+37.4%
Rice, Thai 25%472 $/mt+2.4%+34.5%
Rice, Thai A.1467.4 $/mt−1.2%+39.1%
Rice, Viet Namese 5%413.9 $/mt−1.1%+13.2%
Wheat, US SRW260.3 $/mt−6.6%+24.4%
Wheat, US HRW317 $/mt−8.6%+37.3%
Banana, Europe1.1 $/kg−1.8%−2.7%
Banana, US1.18 $/kg+5.4%+4.4%
Orange0.75 $/kg−5.1%−28.6%
Beef6.83 $/kg−0.4%−3.7%
Chicken1.84 $/kg+1.7%+7%
Lamb7.48 $/kg+3%+18.2%
Shrimps, Mexican8.6 $/kgOctober 2023——
Sugar, EU0.37 $/kg−2.6%−2.6%
Sugar, US0.92 $/kg+8.2%+19.5%
Sugar, world0.43 $/kg+4.9%+26.5%
Raw materials
Tobacco, US import u.v.6,775 $/mtJuly 2026——
Logs, Cameroon392.1 $/cubic meter−2.7%−3.7%
Logs, Malaysian188.5 $/cubic meter−0.9%−4.1%
Sawnwood, Cameroon636.8 $/cubic meter−0.9%−0.5%
Sawnwood, Malaysian724.3 $/cubic meter−1%−0.5%
Plywood345.8 cents/sheet−0.9%−4.1%
Cotton, A Index2 $/kg−4.8%+19%
Rubber, TSR202.55 $/kg+5.8%+49.1%
Rubber, RSS32.83 $/kg+2.9%+41.5%
Fertilizers
Phosphate rock170 $/mt0%+11.5%
DAP803.1 $/mt+0.3%+6.5%
TSP692 $/mt+0.3%+5.1%
Urea420 $/mt+3.1%+6.5%
Potassium chloride357.5 $/mt−2.7%+1.6%
Metals and minerals
Aluminum3,061 $/mt−6.8%+9.6%
Iron ore, cfr spot90.8 $/dmtu−7.1%−12.3%
Copper14,508 $/mt+0.2%+35.1%
Lead1,860 $/mt−0.7%−5.5%
Tin51,696 $/mt−3.8%+43.6%
Nickel15,436 $/mt−5.4%+2.3%
Zinc3,818 $/mt−5%+21.1%
Precious metals
Gold4,105 $/troy oz−5%+1.2%
Platinum1,621 $/troy oz−9.1%+0.3%
Silver57 $/troy oz−11.8%+15.4%

The record

Each card's score calls USDA's next revision of the country's crop: 50 or more “cut likely”, 30 to 49 “cut possible”, under 30 “no cut expected”. When USDA revises (grains, oilseeds and cotton every month, about the 10th; coffee and sugar twice a year), the last call before it is checked against what USDA did.

CallCallsUSDA cutRaisedUnchanged
no cut expected4033032341
cut possible1010

Sources

Crop figures: USDA FAS (PSD, Weekly Export Sales). Prices: World Bank Commodity Price Data (The Pink Sheet), CC BY 4.0. Hedge funds: CFTC Commitments of Traders. Weather: MET Norway (CC BY 4.0), normals from NASA POWER. Trade partners: CEPII BACI (Etalab Open Licence 2.0). Crop calendars after USDA FAS's; growing regions are the main ones of each main producer.

The same readings as data, free: GET /api/v1/commodities (and /map, /country/{code}, /prices, /weather, /scorecard).