Indian Journal of Science and Technology
Year: 2016, Volume: 9, Issue: 19, Pages: 1-4
P. Periasamy1* and R. Satish2
1Sathyabama University, Rajiv Gandhi Salai, Chennai - 600119, Tamilnadu, India; [email protected] 2MBA Department, SRR Engineering College, Padur, Chennai - 603103, Tamilnadu, India; [email protected]
*Author for correspondence
Sathyabama University, Rajiv Gandhi Salai, Chennai - 600119, Tamilnadu, India; [email protected]
ElNino is the irregular climate conditions which created by the warming of the pacific sea close to the equator, off the shore of South America. This happens when the typical exchange winds debilitate (or even switch), which lets the warm water that is generally found in the western Pacific stream rather towards the east. This warm water uproots the cooler water that is ordinarily found close to the surface of the eastern Pacific, setting off air changes that influence climate designs in numerous parts of the world. ElNino has gigantic effect over Soft Commodities, for example, Rice, Wheat, Sugarcane, Soya bean, Brunt Oil and so forth., and Hard commodity like Gold, Copper, and so forth., in Commodity markets and commodity derivatives over the world. The effects felt by these commodity markets and subordinate markets are examined in this article with the assistance of the reports put together by Japan, Australia, Asia, US, African climate reporting organizations.
Keywords: El Nino, US, Hard Commodities, Soft Commodities
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