Thailand to raise rice, crude palm oil reserves for El Nino
Thailand will not face shortages of rice and palm oil because of El Nino as it is a major producer as stocks are sufficient and shortages are not expected.
Thailand will not face shortages of rice and palm oil because of El Nino as it is a major producer as stocks are sufficient and shortages are not expected.
The total rice export value is forecast at around 3.94 billion USD for 2026, down about 4% from 2025 due to low average export prices in the first months of the year. However, the recovery in prices since July is expected to help improve export turnover in the remaining months.
Malaysian authorities have warned that the ASEAN region could see conditions similar to those during the extreme 1997–1998 El Nino event, which triggered severe regional haze and acute water shortages across Southeast Asia.
Heatwaves are affecting many localities nationwide, with temperatures commonly ranging from 36 to 40 degrees Celsius and even higher in some areas.
Deputy Minister of Agriculture and Environment Le Cong Thanh, in his speech, said climate change is making weather more severe and unpredictable, with a powerful El Nino set to hit Vietnam in the second half of 2026 and early 2027. Against such backdrop, enhancing forecasting and early warning capacity, while effectively translating scientific information into management decisions and timely response actions, has become urgent, he said.
Thailand’s Industry Minister Pimphattra Wichaikul said on June 23 that factories and relevant agencies have prepared measured to cope with flooding caused by the El Nina phenomenon.
The Philippines is tempering its economic growth outlook for 2024 as it braces for "difficult months" when the El Nino weather phenomenon takes its toll.
Food prices are expected to remain high for the rest of the year as the El Niño weather phenomenon affects production in Indonesia and other countries, the National Food Agency (Bapanas) has said.
Indonesian President Joko Widodo (Jokowi) has announced that his government will provide direct cash aid to assist communities affected by the drought caused by the EL Nino phenomenon.
Indonesian President Joko Widodo and ministers have discussed solutions to cope with the El Nino phenomenon in the country.