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The Latest Breaking News from El Nino

Drought fuelled by 'El Nino' pushes Ecuador to declare energy emergency

Colombia has reduced its electricity exports to its neighbour Ecuador due to a drought exacerbated by the El Nino weather pattern. Read further on Dynamite News:

Dynamite News

Sugar Prices Hammered by Ample Global Supplies and Brazilian Real Weakness

May NY world sugar #11 (SBK24 ) on Monday closed down -0.43 (-2.10%), and May London ICE white sugar #5 (SWK24 ) closed down -13.90 (-2.21%). Sugar prices this morning are moderately lower, with NY sugar dropping to a 13-1/2 month low and London sugar falling to a 13-month low....

Barchart

Sugar Prices Slide on Strong Brazil Sugar Production and Brazilian Real Weakness

May NY world sugar #11 (SBK24 ) this morning is down -0.29 (-1.42%), and May London ICE white sugar #5 (SWK24 ) is down -12.90 (-2.05%). Sugar prices this morning are moderately lower, with NY sugar dropping to a 3-1/2 month low and London sugar falling to a 3-1/2 week...

Barchart

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India to receive above-normal monsoon rains: IMD

IMD monsoon forecast: India's 2024 monsoon season forecast predicts above-normal rainfall with La Nina conditions expected by August-September.

The Hindu

NY Sugar Falls to a 5-Week Low on Higher Sugar Output in Brazil

May NY world sugar #11 (SBK24 ) this morning is down -0.17 (-0.82%), and May London ICE white sugar #5 (SWK24 ) is up +1.50 (+0.24%). Sugar prices this morning are mixed, with NY sugar falling to a 5-week low. Increased sugar output in Brazil is undercutting sugar prices today...

Barchart

The heat soars and rain disappears in Bengaluru’s dry, thirsty summer

Though IMD had forecast that many parts of Karnataka, including Bengaluru, would witness above normal maximum temperature during the summer months of March, April, and May, the weatherman had also predicted a high probability of above-normal rainfall in March over a few districts of south-interior Karnataka, which includes Bengaluru. In…

The Hindu

Fewer Showers, Less Laundry, As Water Cuts Hit Bogota

Residents of Bogota are facing fewer showers, minimal laundry loads and dirty cars as the Colombian capital imposes water rations due to a severe drought aggravated by the El Nino climate phenomenon.

International Business Times

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Sugar Prices Retreat as the Supply Situation Improves

May NY world sugar #11 (SBK24 ) on Thursday closed down -0.61 (-2.84%), and May London ICE white sugar #5 (SWK24 ) closed down -4.40 (-0.70%). Sugar prices posted moderate losses on Thursday, with NY sugar falling to a 1-month low and London sugar falling to a 3-week low. Sugar...

Barchart

Improving Supply Outlook Pressures Sugar Prices

May NY world sugar #11 (SBK24 ) this morning is down -0.50 (-2.33%), and May London ICE white sugar #5 (SWK24 ) is down -2.70 (-0.43%). Sugar prices this morning are trading lower, with NY sugar falling to a 1-month low and London sugar falling to a 3-week low. Sugar...

Barchart

Sugar Prices Close Slightly Lower as Supply Concerns Fade

May NY world sugar #11 (SBK24 ) on Wednesday closed down -0.03 (-0.14%), and May London ICE white sugar #5 (SWK24 ) closed down -1.60 (-0.25%). Sugar prices Wednesday fell slightly, with London sugar posting a 2-1/2 week low. Sugar prices have been under pressure since last Wednesday when Thailand's...

Barchart

Sugar Prices See Continued Pressure from Improved Supply Outlook

May NY world sugar #11 (SBK24 ) this morning is up +0.01 (+0.05%), and May London ICE white sugar #5 (SWK24 ) is down -0.90 (-0.14%). Sugar prices this morning are narrowly mixed, with London sugar falling to a 2-1/2 week low. Sugar prices have been under pressure since last...

Barchart

Sugar Prices Post Moderate Losses as Supply Concerns Ease

May NY world sugar #11 (SBK24 ) on Tuesday closed down -0.10 (-0.46%), and May London ICE white sugar #5 (SWK24 ) closed down -4.00 (-0.63%). Sugar prices on Tuesday extended Monday's losses to 2-1/2 week lows. Sugar prices have been under pressure since last Wednesday when Thailand's Office of...

Barchart

Sugar Prices Under Pressure as Supply Concerns Ease

May NY world sugar #11 (SBK24 ) this morning is down -0.04 (-0.19%), and May London ICE white sugar #5 (SWK24 ) is down -2.50 (-0.39%). Sugar prices on Tuesday extended Monday's losses to 2-1/2 week lows. Sugar prices have been under pressure since last Wednesday when Thailand's Office of...

Barchart

Sugar Prices End Lower on Increased Vietnam Sugar Production

May NY world sugar #11 (SBK24 ) on Monday closed down -0.40 (-1.82%), and May London ICE white sugar #5 (SWK24 ) closed down -8.80 (-1.36%). Sugar prices on Monday settled sharply lower, with NY sugar posting a 2-1/2 week low and London sugar posting a 1-1/2 week low. Sugar...

Barchart

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Barchart

Increased Vietnam Sugar Production Weighs on Prices

May NY world sugar #11 (SBK24 ) today is down -0.40 (-1.82%), and May London ICE white sugar #5 (SWK24 ) is down -9.10 (-1.41%). Sugar prices this morning are moderately lower, with NY sugar falling to a 2-1/2 week low and London sugar falling to a 1-1/2 week low....

Dynamite News

Southern Africa faces humanitarian crisis as millions exacerbated with hunger, floods

Tens of millions are grappling with hunger, malnutrition, and water shortages across southern Africa as extreme drought and floods ravage the region. Read further on Dynamite News:

Barchart

Sugar Prices Settle Higher on Strength in the Brazilian Real

May NY world sugar #11 (SBK24 ) on Thursday closed up +0.14 (+0.63%), and May London ICE white sugar #5 (SWK24 ) closed up +3.00 (+0.46%). Sugar prices Thursday finished moderately higher. Strength in the Brazilian real (^USDBRL ) boosted sugar futures after the real on Thursday climbed to a...

Barchart

Sugar Slightly Higher on Strength in the Brazilian Real

May NY world sugar #11 (SBK24 ) this morning is up +0.08 (+0.35%), and May London ICE white sugar #5 (SWK24 ) is up +1.40 (+0.22%). Sugar prices today are slightly higher. Strength in the Brazilian real (^USDBRL ) has boosted sugar futures after the real today climbed to a...

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International Business Times

Zimbabwe Declares El Nino Drought A National Disaster

Zimbabwe declared drought a national disaster on Wednesday, with President Emmerson Mnangagwa saying the country needs $2 billion in aid to help millions of people who are going hungry.

Barchart

Sugar Prices Mixed on Stronger Thailand Sugar Production and Higher Crude Prices

May NY world sugar #11 (SBK24 ) on Wednesday closed down -0.10 (-0.45%), and May London ICE white sugar #5 (SWK24 ) closed up +3.80 (+0.59%). Sugar prices on Wednesday settled mixed. Better-than-expected sugar production in Thailand weighed on coffee prices Wednesday after Vietnam's Office of the Cane and Sugar...

Barchart

NY Sugar Prices Fall on Higher Than Expected Sugar Production in Thailand

May NY world sugar #11 (SBK24 ) this morning is down -0.15 (-0.67%), and May London ICE white sugar #5 (SWK24 ) is up +3.10 (+0.48%). Sugar prices this morning are mixed. Better-than-expected sugar production in Thailand is weighing on coffee prices today after Vietnam's Office of the Cane and...

Barchart

Sugar Prices Close Moderately Lower on Increased Sugar Output in India

May NY world sugar #11 (SBK24 ) on Tuesday closed down -0.40 (-1.76%), and May London ICE white sugar #5 (SWK24 ) closed down -8.60 (-1.32%). Sugar prices Tuesday gave up an early advance and posted moderate losses as signs of stronger sugar production in India sparked long liquidation. The...

Barchart

Sugar Prices Give Up Early Gains on Increased Sugar Output in India

May NY world sugar #11 (SBK24 ) this morning is down -0.33 (-1.45%), and May London ICE white sugar #5 (SWK24 ) is down -3.90 (-0.60%). Sugar prices this morning gave up an early advance and turned lower on signs of stronger sugar production in India. The Indian Sugar and...

AAP

Farewell El Nino, say hello to La Nina

El Nino conditions are beginning to shift across Australia to a more neutral weather system that may change to a La Nina later this year.

Barchart

Sugar Prices Gain as Crude Oil Rallies to a 5-Month High

May NY world sugar #11 (SBK24 ) on Monday closed up +0.20 (+0.89%), and May London ICE white sugar #5 (SWK24 ) did not trade with markets in Europe closed for the Easter Monday holiday. Sugar prices on Monday settled moderately higher, with NY sugar posting a 1-month high. Monday's...

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