WMO: Super El Nino Confirmed, China to Face Continued Impacts

This confirmation moves El Nino from forecast to operational reality, which raises the stakes for agriculture, energy demand, and supply-chain logistics across China and the wider region. The WMO's signal of intensification implies that weather-driven price volatility in soft commodities and power markets could persist beyond the typical seasonal window. The key watch item is how the projected next-summer rainfall and typhoon activity translate into actual disruptions, as that will determine whether current risk premiums are justified or understated.