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Commodities Focus  

Commodities Focus

Author: S&P Global Energy

S&P Global Energy analysis of key news and pricing issues from across the global shipping, natural gas, power, petrochemicals, agriculture and coal markets.
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Language: en

Genres: Business, Business News, Investing, News

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El Nino and agriculture: How are Asian rice markets navigating the weather risks?
Friday, 24 July, 2026

The National Oceanic and Atmospheric Administration has forecast high chances of El Nino developing in 2026, potentially disrupting weather patterns worldwide. Renewed weather volatility driven by a strong El Nino is spotlighting supply security, price trends, and export flows across Asian rice markets. As demand for rice stays resilient, market participants are closely monitoring the risks from erratic monsoons, reduced water availability, and rising input costs in major producing countries. In the inaugural episode of a four-part podcast series on El Nino and its impact on key agricultural commodities, host Asim Anand is joined by Platts price reporters Ayushi Baloni and Muskan Aggarwal, alongside CERA Analyst Dipanshi Agarwal. Together, they discuss how El Nino is reshaping rice production, exports, and pricing across Asia.

 

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