# 23nd ASEAN COF (November 2024) - ASMC

> The ASEAN Climate Outlook Forum reached a consensus for the December-February 2024/25 season, based on a session held November 26-29, 2024. The outlook covers the boreal winter monsoon in Southeast Asia.

- Date: 2024-12-09 · published 2024-12-09T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/26867-23nd-asean-cof-november-2024-asmc
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Monsoon outlooks for Southeast Asia matter for palm oil and rice output, but the consensus is routine and has little immediate price impact.

## Read by commodity

- RICE: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-11-19 | [IRI – International Research Institute for Climate and Society \| November 2025 Quick Look](https://feedsoft.ai/events/21854-iri-international-research-institute-for-climate-and-society-november-2025.md) | -1.2% | -1.7% |
| PALMOIL | 2023-02-21 | [As La Niña Exits, Palm Oil Production Could Rise in 2023 but Drop in 2024](https://feedsoft.ai/events/37249-as-la-nina-exits-palm-oil-production-could-rise-in-2023-but-drop-in-2024.md) | +0.5% | -3.5% |
| PALMOIL | 2017-08-11 | [El Niño Outlook for August 2017](https://feedsoft.ai/events/69374-el-nino-outlook-for-august-2017.md) | -0.1% | +6.6% |
| PALMOIL | 2019-11-01 | [IRI – International Research Institute for Climate and Society \| October Climate Briefing: El Niño Remains Neutral](https://feedsoft.ai/events/55983-iri-international-research-institute-for-climate-and-society-october-climate.md) | +12.8% | +16.7% |
| PALMOIL | 2017-07-19 | [IRI – International Research Institute for Climate and Society \| 2017 July Quick Look](https://feedsoft.ai/events/69874-iri-international-research-institute-for-climate-and-society-2017-july-quick.md) | +1.4% | +4.0% |
| RICE | 2016-12-23 | [GIEWS Country Brief: Viet Nam 23-December-2016 - Viet Nam \| ReliefWeb](https://feedsoft.ai/events/73537-giews-country-brief-viet-nam-23-december-2016-viet-nam-reliefweb.md) | +0.8% | +6.9% |
| RICE | 2025-12-05 | [Crop Monitor for Early Warning \| No. 111 - December 2025 - World \| ReliefWeb](https://feedsoft.ai/events/21411-crop-monitor-for-early-warning-no-111-december-2025-world-reliefweb.md) | -2.6% | -1.7% |
| RICE | 2024-03-11 | [A Quick Look at the 2024 Rice Market](https://feedsoft.ai/events/31269-a-quick-look-at-the-2024-rice-market.md) | +1.8% | -8.0% |

## Sources

- asmc.asean.org: https://asmc.asean.org/events-twenty-third-session-of-the-asean-climate-outlook-forum-aseancof-23/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.