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A study finds El Nino and La Nina affect the Indian monsoon most strongly in the north and least in central India. El Nino is generally linked to weaker monsoon winds and dry weather.
The study describes regional monsoon sensitivity rather than a new shortfall, so its direct price impact is limited, though it supports expectations of weaker Indian summer crops.
moneycontrol.comPTISep 1, 2023After 31 past neutral weather events, Rough Rice moved a median -0.0% over 5 sessions (48% higher; middle half -2.1% to +2.1%), and -1.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
