[ob] El Nino

Commodities fears after El Niño alert By Javier Blas,Commodities Correspondent Published: July 1 2009 17:41 | Last updated: July 1 2009 17:41 The emergence of El Niño, a weather phenomenon that could dramatically influence commodities markets as it brings drought conditions to south-east

[ob] El Nino impact

. Other traders kept an eye out for the brewing El Nino weather condition, which the Australian Bureau of Meteorology said had more than a 50 per cent chance of developing. El Nino brings hotter weather and less rain to top producers