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El Nino Gets Reinforced by Cyclones as Event to Last Until 2016


The El Nino forming across the Pacific has been turbocharged by a series of tropical cyclones that helped to shift the direction of trade winds, potentially adding to warming that’s evoking parallels with the record 1997-98 event.

 

     Several cyclones, including a rare storm in the Southern Hemisphere this month, resulted in a strong reversal of trade winds near the equator, Australia’s Bureau of Meteorology said on its website on Tuesday. That’s set to increase temperatures below the surface, which then may raise sea-surface temperatures further in the coming months, it said in a fortnightly update.

 

     El Ninos can affect weather worldwide by baking Asia, dumping rain across South America and bringing cooler summers to North America. This year’s pattern, the first since 2010, will probably bring warmer, drier weather to palm oil regions in Southeast Asia, Malayan Banking Banking Bhd. warned on Tuesday.

 

Tropical commodities including palm oil are to be favored over other raw materials such as gold and copper this half as the El Nino raises risks, according to Oversea-Chinese Banking Corp.

 

     The “El Nino will persist until at least the end of 2015,” the Australian bureau said. “Models also indicate that further warming is likely. Historically, El Nino reaches its peak strength during the late spring or early summer,” it said, referring to seasons in the southern hemisphere.

 

     Three of five sea-surface temperature indexes are at their warmest sustained weekly value since the 1997-98 event, the bureau said. The so-called temperature anomaly in the central Pacific in June was the second warmest on record for the month, behind only 1997, it said. The El Nino of 1997-98 was the strongest on record, according to data collated by the National Oceanic and Atmospheric Administration.


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No

Specifications

Quant.
(mts)

Packing

Ship

Price (USD/MT)

1

Vietnam robusta coffee grade 2

5% black & broken

115.2

in bags

Oct – 16

Liffe Jan, 2016  -30      OR 1,955

2

Vietnam robusta coffee grade 1, scr.16

2% black & broken

115.2

in bags

Oct – 16

Liffe Jan, 2016 +15 OR 2,000

3

Vietnam robusta coffee grade 1, scr.18

2% black & broken

115.2

in bags

Oct – 16

Liffe Jan, 2016 +30 OR 2,015

4

Vietnam robusta coffee grade 1, scr.16

0.1% black

115.2

in bags

Oct – 16

Liffe Jan, 2016 +70 OR 2,055

5

Vietnam robusta coffee grade 1, scr.18

0.1% black

115.2

in bags

Oct – 16

Liffe Jan, 2016 +85 OR 2,070

6

Vietnam robusta coffee grade 1, scr.16

Wet polished

115.2

in bags

Oct – 16

Liffe Jan, 2016 +125 OR 2,110

7

Vietnam robusta coffee grade 1, scr.18

Wet polished

115.2

in bags

Oct – 16

Liffe Jan, 2016 +140 OR 2,125

Our offers are based on the following terms and conditions:                                                   

-     Basic: FOB Vietnam main ports.           

-     Payment terms: by L/C at sight or 30% in advance, 70% upon B/L copy receipt

-     Package: standard

-     Offers are subject cargo unsold and our final confirmation

-     The fix price change according to the time.                              

 We thank you for your attention and expect to do business with you.

No

Specifications

Quantity

Package

Ship

Price

Producer

(MTS)

(USD)

1

SVR CV50

40.32

SW

Oct-16

1,505.0

VRG

2

SVR CV60

40.32

SW

Oct-16

1,495.0

VRG

3

SVR 3L

96.00

SW

Oct-16

1,420.0

VRG

4

Latex HA

107.5

In bulk

Oct-16

1,020.0

VRG

Our offers are based on the following terms and conditions:                                                              

-    Basic: FOB Vietnam main ports.                                                                              

-    Payment terms: by L/C at sight or 30% in advance, 70% through fax/email documents.

-    Package: standard                                                                                     

-    THC, ENS fee and extra fees (if any) at loading port for Buyer’s account.

-   Offers are subject cargo unsold and our final confirmation

We thank you for your attention and expect to do business with you.

No

Specifications

Quantity

Package

Ship

Price

(MTS)

(USD)

1

Black Pepper (FAQ, 500g/l)

13.5

in bags

Jun -16

8,190.0

 Our offers are based on the following terms and conditions:

-    Basic: FOB Vietnam main ports.

-    Payment terms: 30% in advance / 70% upon B/L copy receipt

-    Package: standard

-    Offers are subject cargo unsold and our final confirmation

 We thank you for your attention and expect to do business with you.