The El Ni?o phenomenon is a global climate phenomenon that will cause global climate change.This year, the El Ni?o phenomenon may further reduce precipitation over the next two years, threatening the global supply of important commodities.
Thailand’s rice and sugar production may decline
Thailand is one of the world’s most important rice and sugar exporters. As the El Ni?o phenomenon may lead to a decrease in rainfall, Thailand’s rice and sugar output may decrease. Thai government officials say that this season, the country’s rainfall may be 10% lower than average, while the emergence of the El Ni?o weather pattern may further reduce rainfall over the next two years.
Indonesian Palm Oil Production May Be Affected
Indonesia is the world’s largest palm oil producing region. Indonesia’s palm oil production is likely to be affected because the El Ni?o phenomenon could lead to a decrease in rainfall. Almost all of Indonesia is expected to experience the peak of the El Ni?o phenomenon in September this year. Major palm oil producing sites such as Sumatra and Kalimantan Islands will suffer drought and may face fire risks in the coming months.
Coffee production in Vietnam may be affected
Vietnam is an important coffee-producing region in the world. As the El Ni?o phenomenon could lead to a decrease in rainfall, Vietnam’s coffee production could be affected. The National Weather Forecast Center predicts that massive droughts, saltwater and water shortages caused by record-breaking heat waves could continue until early 2024.
The El Ni?o phenomenon poses a threat to the global supply of important commodities.Nations need to pay great attention to this issue and take measures to address potential risks to ensure the stability of the global supply of commodities.