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Global climate phenomenon
Super El Niño events, officially called very strong El Niño events, are climatic phenomena resulting from the average sea surface temperatures in parts of the Pacific Ocean rising by 2° Celsius or more. Climate impacts from Super El Niño events can include widespread and severe flooding, drought and unseasonable temperature extremes, which can result in crop failures, food shortages, famine, disruption in water supplies, displacement, declines in native fauna, and an increased risk of wildfires and cyclones, which can contribute to economic disruption and civil conflict.
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The Pacific market maintains a strong close correlation with China’s A-share agricultural stocks, with both sectors currently in a red-hot market phase and staging a sharp, powerful rally that has drawn widespread attention from global investors and industry analysts.