Sudden drops in temperature have hit most regions of China but the cold’s impact on steel demand has varied by region, market sources say of the chill. Raw materials transportation has been disrupted too though the effect so far has been limited, they said.Steel demand in East and Central China has fallen off markedly since […]
Heavy rainfall is being forecast over parts of the South Peninsular India till Sunday with isolated heavy to very heavy rainfall over Kerala and Lakshadweep on Saturday and Sunday as a low-pressure area forms in the neighbourhood ahead of the monsoon onset over Kerala. The India Meteorological Department (IMD) is of the view that conditions […]
After having a record-hot January and its second-hottest February, Earth continued to endure unrelenting heat last month, making March 2020 the second-hottest March on record, the U.S. National Oceanic and Atmospheric (NOAA) said in a statement. It was also the second-hottest year to date (YTD, January through March) ever recorded for the globe, according to […]
Agriculture prices are projected to fall 2.6 per cent this year but are estimated to rebound in 2020 due to lower crop production and higher costs for energy and fertilisers, the World Bank said in its April Commodity Markets Outlook. Agricultural and food prices are expected to remain stable over the medium term. However, sharp […]
Worries over El Nino conditions have eased and there are indications of another year of robust monsoon rains, according to the latest assessment by the country’s weather office. Officials in the India Meteorological Department said El Nino conditions have weakened considerably and the assessment is that this is unlikely to pose any threat to the […]
Coffee-producing South Indian states have been witnessing a series of extreme weather events in the last four years. Extreme rainfall causing heavy flood and large-scale landslides in August 2018 in coffee producing areas of Kerala and Karnataka led to a dip of around 20 per cent in the total coffee production. South Indian states like […]
There is a 70% chance of an El Nino developing by the end of this year, according to the latest update from the World Meteorological Organization (WMO). Its intensity is currently uncertain, but a strong event appears unlikely, the agency said in a statement. The El Niño/Southern Oscillation (ENSO) is a naturally occurring phenomenon involving fluctuating ocean […]
An uneven southwestern and eastern Asia monsoon may lead to areas of drought and recurring flooding during the summer of 2018, weather forecaster AccuWeather said. The weather pattern that brought areas of isolated flooding rain, frequent dust storms and damaging winds from the Middle East to northern India will break down over the rest of […]
Private weather forecaster Skymet said that monsoon in India is likely to be normal with no chances of drought this year. The forecaster said there were 5 per cent chances of excess rainfall that is more than 110 percent of long-period average (LPA). The average, or normal, rainfall in the country is defined between 96 […]
Bangladesh’s rice imports reached a two-decade high in the first half of the fiscal year as private importers rushed to make profit from higher prices resulting from huge crop losses after three episodes of floods, a newspaper report said. The Daily Star said that imports of the staple stood at 22.59 lakh tonnes in July-December […]