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output
Commodities El Nino May Weaken India's Monsoon, Threaten Rice and Maize Output, FAO Warns
The FAO has warned that the newly begun El Nino phase may weaken India's summer monsoon, putting rainfed crops like rice and maize under stress during the kharif season. Historical analysis shows that during the 2015-16 El Nino, India's maize output fell by 4% and rice dropped by 1%, while Southeast Asia lost about 15 million tonnes of rice. The agency also flagged that disruptions to shipping through the Strait of Hormuz are raising energy and fertiliser costs as farmers prepare for sowing.
Commodities Assam's Tea Output Surge Boosts India's April Production by 5%
India's tea production increased by 5% in April 2026, reaching 104.28 million kg, primarily due to a significant output rebound in Assam. Favorable weather conditions contributed to a 36% increase in Assam's production, while other regions like West Bengal and South India saw declines.
Commodities India Lowers Foodgrain Output Target Amid Monsoon Concerns
India has reduced its foodgrain output target for the 2026-27 crop year to 373.93 million tonnes, citing concerns over a below-normal monsoon forecast. The decision reflects potential impacts from El Nino, affecting rice and maize production.
Commodities Indian Refiners Adapt to New Crude Mix Amid Hormuz Crisis
Indian refiners are modifying their operations to handle a wider range of crude oil grades due to disruptions in the Strait of Hormuz. This adjustment aims to optimize fuel production amid geopolitical tensions.
Commodities Global Crude Steel Output Declines Amid Geopolitical Strains
Global crude steel production decreased by 1.9% in April 2026, with significant declines in China, the Middle East, and Russia. India and the US showed growth, countering the trend.