MSM Trade Highlights
MSM Trade Highlights | September 2026
What The Report Covers
First Q3 trade readings
July import data are compared across major kernel and NIS destinations to assess how the second half of 2026 has begun.
Vietnam’s changing role
The report places Vietnam’s NIS flows alongside China’s import data and wider supplier-diversification efforts.
More recent European signals
Provisional customs declarations provide a view beyond the official July data, with the appropriate revision caveat.
Observed prices and market liquidity
Transaction and offer tables compare recent observations with year-to-date and earlier reference points.
Destination value and volume trends
Twenty-month charts compare import value and volume across major markets, including the new Vietnam NIS series.
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The full member Trade Update contains the figures, charts, observed prices, platform opportunities and detailed analysis.
Disclaimer
While we strive to ensure the accuracy and reliability of the information provided in our market review newsletters, we cannot guarantee its completeness or correctness. The data and insights presented are based on the best available sources and our thorough analysis. However, market conditions can change rapidly, and unforeseen factors may impact the accuracy of this information. Additionally, any statements, quotes, or opinions attributed to third parties do not necessarily reflect the views of MSM, and MSM cannot be held responsible for their content or implications. Likewise, MSM cannot be held liable for how our content is interpreted, quoted, or used by others outside its original context. Therefore, MSM cannot be held liable for any decisions or actions taken in reliance on the content of these newsletters.