Trade discussions originate from Mumbai as El Nino threatens cane production in India, affecting both India and Brazil.
1 report, 1 independent
Updated Jun 22
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What happened
Trade discussions originate from Mumbai as El Nino threatens cane production in India, affecting both India and Brazil.
Who's involved
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The entities involved
Related events
- Global sugar output is threatened by El Nino and droughts in Europe, influencing India's import expectations.
- Drought-bearing El Nino pattern is posing a key risk to the Indian agricultural sector, particularly impacting sugarcane cultivation in states like Karnataka and Maharashtra.
- El Nino poses risks to Indian agriculture, while the West Asia crisis impacts the Indian economy, prompting analysis by SBI Capital Markets.
- In late 2007, El Niño caused significant weather disruptions, leading to reduced food production and the shutdown of key oil trade routes.
- El Nino and geopolitical costs from the Middle East are weighing on India's economic outlook, specifically impacting GDP growth and exports.