• P-ISSN 0974-6846 E-ISSN 0974-5645

Indian Journal of Science and Technology


Indian Journal of Science and Technology

Year: 2016, Volume: 9, Issue: 19, Pages: 1-4

Original Article

The Impact of Elnino on Soft and Hard Commodities, Reference to Commodity Markets and Commodity Derivatives in India – A Study


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


Subscribe now for latest articles and news.