# Seasonal Outlook: Haze Update – El Niño Ready Nations

> The Nino3.4 sea surface temperature anomaly stayed in the neutral range in July 2018, with the 3-month average near zero. Models point to a late, weak to possibly moderate El Niño from September-November 2018, and the outlook notes that its impact on Southeast Asia is expected to be limited given the late and likely weak development.

- Date: 2018-09-27 · published 2018-09-27T12:00:00.000Z
- Category: weather · region Southeast Asia · magnitude low
- Page: https://feedsoft.ai/events/62945-seasonal-outlook-haze-update-el-nino-ready-nations
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Southeast Asia drought risk tied to El Niño is a factor for palm oil output, but the outlook says the expected impact is not significant, which limits the bullish case for palm oil prices.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2019-11-29 | [WMO issues El Niño/La Niña update - World \| ReliefWeb](https://feedsoft.ai/events/55980-wmo-issues-el-nino-la-nina-update-world-reliefweb.md) | +6.9% | +10.9% |
| PALMOIL | 2026-03-03 | [El Niño/La Niña Update (February 2026) - World \| ReliefWeb](https://feedsoft.ai/events/20089-el-nino-la-nina-update-february-2026-world-reliefweb.md) | +6.5% | +7.1% |
| PALMOIL | 2017-07-07 | [WMO El Niño/La Niña Update, 7 July 2017 - World \| ReliefWeb](https://feedsoft.ai/events/69875-wmo-el-nino-la-nina-update-7-july-2017-world-reliefweb.md) | +0.2% | +2.4% |
| 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% |

## Sources

- elninoreadynations.com: https://elninoreadynations.com/seasonal-outlook-haze-update/

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