16 Jul 2024 | 11:45 UTC
Infographic: La Nina's looming impact on global commodity markets
By Euan Sadden
Getting your Trinity Audio player ready...
The likely return of the La Nina climate phenomenon, and the associated shift in global weather patterns and temperature extremes, will bring a new wave of disruption and volatility to key global commodity markets.
La Nina, which occurs irregularly with varying frequency and duration, refers to the large-scale cooling of surface temperatures in the central and eastern equatorial Pacific Ocean and associated changes in atmospheric circulation.
These adjustments, which typically last from several months to a year, trigger dramatic changes in global wind, pressure, temperature and precipitation patterns that can have a devastating impact on global commodity markets.
The infographic below helps to understand the potential impact of La Nina on key commodities.
Click here for the full-size infographic(opens in a new tab)
Further reading: Commodities markets brace for La Nina weather impacts(opens in a new tab)
Register for free to continue reading
Gain access to exclusive research, events and more
Already have an account?Log in here