## Company Profile MERSTAR INT'L (S'PORE) PTE — Presumed small-to-mid Singapore-based freight forwarder focused on containerised sea freight and air freight services for regional exporters/importers. Likely offers door-to-door forwarding, customs coordination, transshipment via Singapore, and value-added services for perishables (reefer consolidation) given Singapore’s role as a transshipment & chilled hub. Public contact: sales@merstar.com.sg; website contact page referenced in lead evidence. No scale/turnover data found in public trade press. Market position: local/regional forwarder operating in competitive Singapore forwarding market, leveraging Singapore’s hub status for intra-ASEAN and Asia–Europe/US flows. ## Pain Points 1) Surge in short‑notice spot shipments and RFQs for agri/seafood exporters due to El Niño and buyer front‑loading — MERSTAR likely lacks an integrated supplier‑sourcing channel to capture upstream demand quickly and convert into high‑margin freight. Tridge Ark solves: instant access to verified exporters/importers and managed execution for spot deals (air/sea mix, priority reefer). 2) Routing and transit‑time volatility from Red Sea diversions & weather causing frequent last‑minute route changes — MERSTAR needs better demand flow of shippers needing multi‑leg routing and a digital orchestration layer to lock space and coordinate multimodal moves. Tridge Ark solves: continuous lead flow of merchants requiring resilient Singapore hub services, plus automated coordination with carriers/air charters and customs documentation support. ## Intel Summary (Full raw search output from single call) === MULTI-DIMENSION RESEARCH === === 1. COMMODITY TRENDS – SOUTHEAST ASIA RICE, PALM OIL, SEAFOOD (FOCUS 2025/26, LATEST SIGNALS) === **Rice exports & prices (Thailand, Vietnam as regional bellwethers)** - Thailand’s 2025/26 paddy output is forecast at about **35.44 million tonnes**, down roughly **0.5–2%** from the previous season (main + off‑season), as authorities already flag **below‑normal rainfall for mid‑2026** linked to El Niño. ([nationthailand.com](https://www.nationthailand.com/news/general/40066149?utm_source=openai)) - Anticipation of drought has triggered **stock‑building by importers**, lifting global benchmark prices: key grades from Thailand/Vietnam are now **> US$400/tonne FOB** (for 5–25% broken white), up from the high‑US$300s earlier in 2025. ([nationthailand.com](https://www.nationthailand.com/news/general/40066149?utm_source=openai)) - Weekly Thai FOB quotes (Thai Rice Exporters Association) for April–May 2026 show: - **Thai 5% white rice** moving mostly in the **US$410–430/t** band - **Thai 25% broken** in the **US$395–415/t** range - **Parboiled and Hom Mali (fragrant)** carrying premiums of **US$100–250/t** over 25% broken. ([thairiceexporters.or.th](https://www.thairiceexporters.or.th/price_eng.html?utm_source=openai)) - Vietnam’s export prices similarly firmed in May 2026: Mekong Delta main harvest is winding down and tight spot availability plus El Niño concerns pushed spot export offers **up by ~US$20–30/t in early May**, taking **5% broken into the low‑US$400s**. ([english.thesaigontimes.vn](https://english.thesaigontimes.vn/vietnams-rice-export-prices-jump-on-el-nino-concerns/?utm_source=openai)) **Implications for 2026 rice trade flows** - Mildly lower Thai output plus firm prices suggest: - **Flat‑to‑slightly lower export volumes** vs 2024/25 for Thailand (around 7–8 MMT range is a reasonable working assumption, but official 2026 export targets are still being revised). - **Front‑loaded shipments in 1H 2026** as buyers secure coverage before potential late‑2026 drought impacts. ([nationthailand.com](https://www.nationthailand.com/news/general/40066149?utm_source=openai)) - Importers in MENA and parts of Asia are **diversifying origins** (India, Pakistan, Myanmar when available) but, with India’s intermittent export restrictions, Southeast Asian exporters (Thailand, Vietnam, Cambodia, Myanmar) are being treated as **core, not fringe, suppliers**, supporting volumes and premiums. ([ers.usda.gov](https://www.ers.usda.gov/publications/pub-details?pubid=113672&utm_source=openai)) --- **Palm oil (Indonesia, Malaysia – volume & price signals for 2026)** - **Indonesia** (world’s largest producer/exporter): GAPKI’s 2025 performance / 2026 outlook briefing highlights that **processed palm oil exports in 2025 rose 9.5% y/y to 22.73 MMT** (vs 20.45 MMT in 2024). Processed palm kernel oil exports rose from **1.26 to 1.56 MMT**. Export value increased on higher volumes and somewhat firmer average prices. ([asia-pacific-solidarity.net](https://www.asia-pacific-solidarity.net/news/2026-03-14/palm-oil-exports-rise-95-2025-gapki-reports.html?utm_source=openai)) - The same outlook sees **continued growth in 2026 exports**, driven by: - Higher downstream capacity (oleochemicals, refined/biodiesel) - Ongoing demand from India, China, and the EU biofuel sector, despite sustainability‑policy friction. ([asia-pacific-solidarity.net](https://www.asia-pacific-solidarity.net/news/2026-03-14/palm-oil-exports-rise-95-2025-gapki-reports.html?utm_source=openai)) - **Malaysia**: MPOB’s 2025 performance / 2026 forecast indicates: - **CPO output in 2026** is expected to **ease slightly to 19.5–19.8 MMT** - **Palm oil & palm‑based product exports in 2026** are projected in the **15.8–16.0 MMT** range, with **export revenue around RM110 billion**, slightly below RM112.5 billion in 2025 – implying **stable‑to‑slightly lower volumes but relatively firm price assumptions**. ([bernama.com](https://www.bernama.com/en/news.php?id=2512020&utm_source=openai)) **Palm oil price environment (2025–26)** - OECD‑FAO’s **2025–2034 outlook** (published April 2025) projects **real vegetable oil prices trending slightly downward over the decade**, but the near‑term (2025–26) outlook notes **continued price volatility** tied to weather, energy prices and policy (Indonesia’s biodiesel mandate, EU restrictions on deforestation‑linked imports). ([oecd.org](https://www.oecd.org/content/dam/oecd/en/publications/reports/2025/07/oecd-fao-agricultural-outlook-2025-2034_3eb15914/601276cd-en.pdf?utm_source=openai)) - In practice, **CPO futures in Malaysia through early 2026** have traded in a broad **RM3,500–4,000/tonne** band, with upside spikes when weather news (El Niño in Indonesia, haze risk, fertilizer cost changes) hits; the MPOB revenue forecast implicitly assumes **average CPO in the mid‑RM3,800s/t**. (Price band is inferred from current MPOB commentary and regional market reporting). ([bernama.com](https://www.bernama.com/en/news.php?id=2512020&utm_source=openai)) --- **Seafood exports (Southeast Asia positioning, 2026)** - OECD‑FAO 2025–2034 outlook confirms **Southeast Asia remains a major exporter of fish and seafood products**, with **Vietnam, Thailand, Indonesia** leading in volume. Fish and seafood are also the main source of animal protein for much of the region, underpinning a strong processing base. ([cbd.int](https://www.cbd.int/financial/2017docs/fao-outlook2026.pdf?utm_source=openai)) - A 2026 white paper on Southeast Asian seafood exports (Alibaba) highlights: - **Vietnam, Thailand and Indonesia dominate volume‑based exports**, particularly shrimp, tuna, and pangasius. - Their **average export unit prices remain below those of Norway, Chile etc.**, signaling a **“value gap” of roughly 15–30% in US$/kg** for comparable processed items. - Growth opportunities are identified mainly in **value‑added products** (ready‑to‑eat, seasoned, convenience formats) rather than pure volume expansion. ([seller.alibaba.com](https://seller.alibaba.com/blogs/2026/southeast-asia/seafood/2026-southeast-asia-seafood-export-strategic-white-paper?utm_source=openai)) - Within Asia, recent Indian data provide a benchmark for demand strength: India’s seafood exports (many of which are intra‑Asian, including to Southeast Asia) rose **11.2% in value to US$8.28 bn in FY 2025–26**, with shrimp volumes up **4.6%** and value **6.35%**; surimi/fishmeal/fish‑oil also showed improved performance. ([economictimes.indiatimes.com](https://economictimes.indiatimes.com/news/economy/foreign-trade/seafood-exports-up-11-2-in-2025-26/articleshow/130423199.cms?from=mdr&utm_source=openai)) - For 2026, Southeast Asian seafood exporters benefit from: - **Firm Chinese and EU demand** (post‑COVID foodservice recovery, re‑stocking) - More stable feed/fuel costs vs 2022 peaks - Some **logistics normalisation** (container availability), allowing exporters to push more volume of **frozen and canned product** into price‑sensitive markets. ([seller.alibaba.com](https://seller.alibaba.com/blogs/2026/southeast-asia/seafood/2026-southeast-asia-seafood-export-strategic-white-paper?utm_source=openai)) **Key takeaways for 2026 commodity trends** - **Rice**: Tightening balance sheet driven by El Niño risk and India’s policy, with **prices in the low‑US$400s/t and upside risk**; Southeast Asian exporters enjoying strong bargaining power. ([thairiceexporters.or.th](https://www.thairiceexporters.or.th/price_eng.html?utm_source=openai)) - **Palm oil**: Indonesia’s exports still **growing in volume (c. +5–10% YoY)**, Malaysia’s slightly softer; price level high vs pre‑2020 average but below 2022 peak; outlook dominated by **biodiesel policy, EU regulations and weather**. ([asia-pacific-solidarity.net](https://www.asia-pacific-solidarity.net/news/2026-03-14/palm-oil-exports-rise-95-2025-gapki-reports.html?utm_source=openai)) - **Seafood**: Southeast Asia holding / gaining share in **mid‑value frozen and processed seafood**, with unit price upside if value‑added shifts materialise; volumes supported by **rising Asian demand and partial recovery in Western markets**. ([seller.alibaba.com](https://seller.alibaba.com/blogs/2026/southeast-asia/seafood/2026-southeast-asia-seafood-export-strategic-white-paper?utm_source=openai)) --- === 2. MARKET EVENTS – SINGAPORE FREIGHT FORWARDING & RATE/CAPACITY TRENDS (AIR & SEA, IMPACTING 2026) === **Sea freight rates & capacity – Singapore‑relevant trends** - SingStat’s **Services Producer Price Index (SPPI)** for water transport shows that by **Q2 2025**, freight and handling charges for shipping had **fallen sharply from 2022 peaks**, with commentary noting **“excess shipping capacity amid reduced cargo demand”** and margin pressure for major carriers. ([singstat.gov.sg](https://www.singstat.gov.sg/-/media/files/publications/economy/sppi2q2025.ashx?utm_source=openai)) - Industry reports cited in the same release expect Asia–US sea freight rates to **continue declining into late‑2025** as additional capacity (newbuild megaships) enters service faster than demand recovers; large container carriers’ EBIT margins are forecast to **turn negative in H2 2025**, indicating aggressive pricing and overcapacity. ([singstat.gov.sg](https://www.singstat.gov.sg/-/media/files/publications/economy/sppi2q2025.ashx?utm_source=openai)) - For Singapore‑linked shippers, this translated into: - **Lower contract and spot rates** on key lanes (Asia–Europe, Transpacific, intra‑Asia) through late‑2025. - Some **service rationalisation** (blank sailings, loop adjustments) but **overall capacity still ample** due to the global orderbook. - 2026 is seeing a **partial re‑tightening** on certain lanes, not because of demand, but because of **geo‑political disruptions and slow‑steaming**: - Red Sea disruptions and diversions around the Cape have effectively **absorbed capacity and lengthened transit times**, nudging **spot rates higher on Asia–Europe and some Asia–US East Coast routes** where Singapore is a key transshipment hub. (This is widely reported by major container lines and trade press). **New liner services / route changes via Singapore (2025–26 themes)** - Carriers have been **re‑routing Asia–Europe strings away from the Suez/Red Sea** and adjusting port rotations, which in several cases **maintains or increases Singapore calls** as a consolidation point for Southeast Asian and Oceania cargo before the longer Cape leg. - Intra‑Asia networks from major alliances continue to treat Singapore as a **“load centre” hub**, with: - New or upgraded services linking **Indonesia, Malaysia, Vietnam and Thailand** into Singapore for relay. - Some **new feeder and regional services launched in 2025** to capture growing intra‑ASEAN trade in electronics, agri‑foods and intermediate goods; these services typically operate smaller vessels (1,000–4,000 TEU) with **high schedule frequency but lower rate levels**. (Derived from alliance and carrier network announcements through 2025–26). **Air freight – rate and capacity dynamics for Singapore** - While SingStat’s SPPI release focuses more on sea, parallel industry data for air cargo into/out of Changi through 2025 show: - **Bellyhold capacity recovery** on passenger flights in 2024–25 caused **air freight yields to normalise downward** from their pandemic highs. - By mid‑2025, air freight rates ex‑Singapore on many lanes (e.g., to Europe, US) had fallen back **40–60% from 2021–22 peaks**, though still somewhat above pre‑COVID levels due to elevated operating costs and continuing e‑commerce growth. ([singstat.gov.sg](https://www.singstat.gov.sg/-/media/files/publications/economy/sppi2q2025.ashx?utm_source=openai)) - For 2026, the key drivers affecting Singapore shippers are: - **Volatile spot demand from high‑value segments** (electronics, pharma, urgent perishables like chilled seafood) reacting to sea‑freight schedule disruption. - **Selective deployment of freighters** and charter capacity when sea bottlenecks and El Niño‑related agrifood supply shocks create urgent uplift needs. **Impact on Singapore‑based freight forwarders / shippers (2026 positioning)** - **Margin compression but volume opportunities**: - As base freight rates for sea and, to a lesser degree, air have come off their peaks, Singapore freight forwarders’ **per‑shipment gross margins have narrowed**, but **volumes have grown in intra‑Asia and e‑commerce‑driven flows**. ([singstat.gov.sg](https://www.singstat.gov.sg/-/media/files/publications/economy/sppi2q2025.ashx?utm_source=openai)) - **Higher volatility in routing & transit times**: - Red Sea avoidance and weather‑related congestion increase the **value of Singapore‑based control towers** that can dynamically re‑route cargo, split shipments between air and sea, and leverage Singapore’s multi‑carrier options. - **Service innovation**: - Forwarders are increasingly marketing **sea‑air and air‑sea products via Singapore** to balance cost and time (e.g., SEA from Indonesia/Thailand to Singapore, then air from Changi to Europe/US). - For perishable exports (seafood, fresh fruit) and time‑sensitive agrifood ingredients, we see **more premium LCL reefer, priority handling and guaranteed space products** sold at a rate uplift vs general cargo. *(Note: Quantitative, Singapore‑specific 2026 freight indices beyond Q2‑2025 SPPI are still being released; above synthesis extrapolates from SPPI, carrier guidance, and widely reported geostrategic disruptions.)* ([singstat.gov.sg](https://www.singstat.gov.sg/-/media/files/publications/economy/sppi2q2025.ashx?utm_source=openai)) --- === 3. DEMAND SIGNALS – 2026 EL NIÑO, SOUTHEAST ASIA CROP IMPACTS & BUYER BEHAVIOUR === **Climate / El Niño context entering 2026** - Scientific work using AI and multi‑model ensembles confirms that ENSO (El Niño–Southern Oscillation) phases have **significant, quantifiable impacts on Southeast Asian crop yields**, particularly rice: - El Niño phases → **reduced rainfall, prolonged drought**, heightened temperature stress. - La Niña phases → **excess rainfall, flooding** risk. ([sciencedirect.com](https://www.sciencedirect.com/science/article/pii/S2215016125004947?utm_source=openai)) - A May 2026 article on a developing **“Super El Niño”** warns that the event threatens to **drive extreme heat and drought in parts of Asia**, with implications for rice, palm oil and other crops; analysts highlight that if **crop prices do not rise enough to offset higher input and climate‑related risks, farmer margins will be squeezed**, potentially curbing planted area. ([phys.org](https://phys.org/news/2026-05-super-el-nino-asia-reeling.pdf?utm_source=openai)) - Regional policy and think‑tank analysis (ISEAS, 2025) stresses that extreme heat days in major rice producers **Thailand, Vietnam, Indonesia** are projected to **increase multi‑fold**, raising the probability of **yield‑damaging temperature spikes** and chronic soil moisture stress. ([iseas.edu.sg](https://www.iseas.edu.sg/articles-commentaries/iseas-perspective/2025-48-the-critical-impact-of-extreme-heat-on-rice-production-in-southeast-asia-by-elyssa-ludher/?utm_source=openai)) **Observed / expected 2026 production impacts (key crops)** - **Rice** - Thailand’s 2025/26 paddy output forecast (35.44 MMT) is already slightly lower than prior year, with the Office of Agricultural Economics explicitly linking risks to **El Niño‑driven drought in mid‑2026**. ([nationthailand.com](https://www.nationthailand.com/news/general/40066149?utm_source=openai)) - Model‑based studies show compound drought‑heatwave events (CDHWs) **accelerate yield loss risks** in Southeast Asian rice systems, with simulated scenarios showing **significant yield drops under high‑emissions and strong‑ENSO combinations** by late‑century; early signs (e.g., 2015–16, 2019–20 events) are consistent with **5–10% yield depressions** during severe El Niño years in exposed regions. ([sciencedirect.com](https://www.sciencedirect.com/science/article/pii/S2215016125004947?utm_source=openai)) - **Palm oil** - El Niño typically **reduces rainfall in Sumatra, Kalimantan and parts of Peninsular Malaysia**, depressing fresh fruit bunch (FFB) yields with a **9–12‑month lag**. The modest decline in Malaysia’s forecast 2026 CPO output (19.5–19.8 MMT vs slightly higher 2025) is consistent with **weather‑related yield drag**. ([bernama.com](https://www.bernama.com/en/news.php?id=2512020&utm_source=openai)) - **Other crops & aquaculture** - Regional climate analyses indicate that El Niño can cause **low river flows and higher water temperatures**, affecting **aquaculture productivity** and **capture fisheries** in certain basins, though the relationship is more site‑specific than for rice. ([sciencedirect.com](https://www.sciencedirect.com/science/article/pii/S2215016125004947?utm_source=openai)) **Resulting sourcing & trade behaviour in 2025–26** 1. **Stock‑building / front‑loading** - Thailand reports **rice importers building stocks pre‑emptively** as El Niño, Red Sea disruptions and Middle East conflict raise concerns about availability and freight reliability; this has already pushed Thai and Vietnamese rice prices above **US$400/t** in early–mid 2026. ([nationthailand.com](https://www.nationthailand.com/news/general/40066149?utm_source=openai)) - Similar behaviour is seen in **feed grains and oils**: some buyers are **advancing purchases** of palm oil and vegoils before potential yield impacts materialise and freight disruptions worsen. ([asia-pacific-solidarity.net](https://www.asia-pacific-solidarity.net/news/2026-03-14/palm-oil-exports-rise-95-2025-gapki-reports.html?utm_source=openai)) 2. **Origin diversification** - With India imposing or adjusting rice export restrictions in recent years, global buyers have **re‑weighted sourcing towards Southeast Asian origins** (Thailand, Vietnam, Cambodia, Myanmar) **and** diversified further into **Pakistan and other second‑tier suppliers**, to reduce policy risk. ([ers.usda.gov](https://www.ers.usda.gov/publications/pub-details?pubid=113672&utm_source=openai)) - For vegetable oils, buyers are **balancing palm vs soft oils** (soy, rapeseed, sunflower) more actively, partly due to **EU deforestation rules** and ESG scrutiny on palm, but also to hedge against **weather‑concentrated risk in Indonesia/Malaysia**. ([oecd.org](https://www.oecd.org/content/dam/oecd/en/publications/reports/2025/07/oecd-fao-agricultural-outlook-2025-2034_3eb15914/601276cd-en.pdf?utm_source=openai)) - In seafood, importers in China, the EU and Southeast Asia have increased **multi‑origin sourcing of shrimp and whitefish** to manage disease and climate risks; the **11.2% increase in India’s seafood export value (to US$8.28 bn)** shows that buyers are not only locked into one region and can pivot towards India when Southeast Asian supply tightens or prices spike. ([economictimes.indiatimes.com](https://economictimes.indiatimes.com/news/economy/foreign-trade/seafood-exports-up-11-2-in-2025-26/articleshow/130423199.cms?from=mdr&utm_source=openai)) 3. **Spot‑buying & shortened contract tenors** - The combination of climate uncertainty, policy shocks (export bans/quotas), geo‑political disruptions (Red Sea, Middle East conflict) and freight rate volatility is leading many buyers to: - **Shorten contract tenors** (e.g., moving from 12‑month to 3–6‑month contracts, or using volume‑flex clauses). - Increase **spot and prompt‑month purchases**, especially for: - Rice (particularly 25% broken and parboiled) - Palm oil and olein (to capture dips in CPO futures) - Frozen shrimp and fish blocks (where cold‑store capacity exists). ([nationthailand.com](https://www.nationthailand.com/news/general/40066149?utm_source=openai)) - For Singapore‑centred traders, this manifests as **higher RFQs and tender frequency**, more **index‑linked pricing** (e.g., to futures or benchmark price assessments) and **greater reliance on freight derivatives / bunker adjustment factors** to manage cost swings. ([singstat.gov.sg](https://www.singstat.gov.sg/-/media/files/publications/economy/sppi2q2025.ashx?utm_source=openai)) 4. **Risk management & logistics responses** - ENSO‑driven uncertainty is pushing both buyers and sellers to invest in: - **Improved climate‑yield analytics**, including AI‑based forecasting of rice and palm yields at sub‑national level, to time purchases and sales. ([sciencedirect.com](https://www.sciencedirect.com/science/article/pii/S2215016125004947?utm_source=openai)) - **Multi‑port and multi‑mode routing strategies**: e.g., routing rice and palm oil cargoes via ports less exposed to drought‑related draft constraints or flood‑prone terminals; using Singapore as a swing hub for re‑routing when regional ports face weather‑related shutdowns. ([singstat.gov.sg](https://www.singstat.gov.sg/-/media/files/publications/economy/sppi2q2025.ashx?utm_source=openai)) - The 2024–25 flood events in parts of Southeast and South Asia (linked to a La Niña transition) demonstrated the **flip side of ENSO**, where **excess rainfall and flooding damage crops and infrastructure**, reinforcing the trend away from single‑origin, single‑route dependence. ([en.wikipedia.org](https://en.wikipedia.org/wiki/2024%E2%80%932025_floods_in_Southeast_Asia_and_South_Asia?utm_source=openai)) **Overall demand signal for 2026** - The emerging **Super El Niño narrative**, combined with still‑high input costs and freight/geopolitical risks, is generating: - **Firm to rising demand for reliable Southeast Asian suppliers** of rice, palm oil and seafood, but with greater **portfolio diversification**. - A **preference for flexibility over long‑term fixed commitments**, visible in the rise of **spot‑buying, rolling tenders, and option‑style contracts**. - Higher value placed on **logistics resilience and multi‑origin sourcing**, benefiting hubs like **Singapore** and trading houses with **regional origination footprints across Southeast Asia and India**. ([nationthailand.com](https://www.nationthailand.com/news/general/40066149?utm_source=openai)) Sources: • El Niño fears push rice importers to build stocks as Thailand watches drought risk https://www.nationthailand.com/news/general/40066149?utm_source=openai • El Niño fears push rice importers to build stocks as Thailand watches drought risk https://www.nationthailand.com/news/general/40066149?utm_source=openai • :: Thai Rice Exporters Association :: Thailand :. https://www.thairiceexporters.or.th/price_eng.html?utm_source=openai • Vietnam’s rice export prices jump on El Nino concerns - The Saigon Times https://english.thesaigontimes.vn/vietnams-rice-export-prices-jump-on-el-nino-concerns/?utm_source=openai • El Niño fears push rice importers to build stocks as Thailand watches drought risk https://www.nationthailand.com/news/general/40066149?utm_source=openai • Rice Outlook: January 2026 | Economic Research Service https://www.ers.usda.gov/publications/pub-details?pubid=113672&utm_source=openai • APSN | Palm oil exports rise 9.5% by 2025, GAPKI reports https://www.asia-pacific-solidarity.net/news/2026-03-14/palm-oil-exports-rise-95-2025-gapki-reports.html?utm_source=openai • APSN | Palm oil exports rise 9.5% by 2025, GAPKI reports https://www.asia-pacific-solidarity.net/news/2026-03-14/palm-oil-exports-rise-95-2025-gapki-reports.html?utm_source=openai • BERNAMA - Malaysia’s CPO Output To Ease Slightly To 19.5-19.8 Mln Tonnes In 2026 -- MPOB https://www.bernama.com/en/news.php?id=2512020&utm_source=openai • APSN | Palm oil exports rise 9.5% by 2025, GAPKI reports https://www.asia-pacific-solidarity.net/news/2026-03-14/palm-oil-exports-rise-95-2025-gapki-reports.html?utm_source=openai • OECD‑FAO Agricultural Outlook https://www.oecd.org/content/dam/oecd/en/publications/reports/2025/07/oecd-fao-agricultural-outlook-2025-2034_3eb15914/601276cd-en.pdf?utm_source=openai • BERNAMA - Malaysia’s CPO Output To Ease Slightly To 19.5-19.8 Mln Tonnes In 2026 -- MPOB https://www.bernama.com/en/news.php?id=2512020&utm_source=openai • OECD‑FAO Agricultural https://www.cbd.int/financial/2017docs/fao-outlook2026.pdf?utm_source=openai • 2026 Southeast Asia Seafood Export Strategic White Paper https://seller.alibaba.com/blogs/2026/southeast-asia/seafood/2026-southeast-asia-seafood-export-strategic-white-paper?utm_source=openai • Seafood exports up 11.2% in 2025-26 - The Economic Times https://economictimes.indiatimes.com/news/economy/foreign-trade/seafood-exports-up-11-2-in-2025-26/articleshow/130423199.cms?from=mdr&utm_source=openai • 2026 Southeast Asia Seafood Export Strategic White Paper https://seller.alibaba.com/blogs/2026/southeast-asia/seafood/2026-southeast-asia-seafood-export-strategic-white-paper?utm_source=openai • :: Thai Rice Exporters Association :: Thailand :. https://www.thairiceexporters.or.th/price_eng.html?utm_source=openai • APSN | Palm oil exports rise 9.5% by 2025, GAPKI reports https://www.asia-pacific-solidarity.net/news/2026-03-14/palm-oil-exports-rise-95-2025-gapki-reports.html?utm_source=openai • 2026 Southeast Asia Seafood Export Strategic White Paper https://seller.alibaba.com/blogs/2026/southeast-asia/seafood/2026-southeast-asia-seafood-export-strategic-white-paper?utm_source=openai • Seafood exports up 11.2% in 2025-26 - The Economic Times https://economictimes.indiatimes.com/news/economy/foreign-trade/seafood-exports-up-11-2-in-2025-26/articleshow/130423199.cms?from=mdr&utm_source=openai • El Niño fears push rice importers to build stocks as Thailand watches drought risk https://www.nationthailand.com/news/general/40066149?utm_source=openai • Services Producer Price Indices https://www.singstat.gov.sg/-/media/files/publications/economy/sppi2q2025.ashx?utm_source=openai • Services Producer Price Indices https://www.singstat.gov.sg/-/media/files/publications/economy/sppi2q2025.ashx?utm_source=openai • Services Producer Price Indices https://www.singstat.gov.sg/-/media/files/publications/economy/sppi2q2025.ashx?utm_source=openai • Services Producer Price Indices https://www.singstat.gov.sg/-/media/files/publications/economy/sppi2q2025.ashx?utm_source=openai • Services Producer Price Indices https://www.singstat.gov.sg/-/media/files/publications/economy/sppi2q2025.ashx?utm_source=openai • Advances in artificial intelligence to model the impact of El Niño–Southern Oscillation on crop yield variability - ScienceDirect https://www.sciencedirect.com/science/article/pii/S2215016125004947?utm_source=openai • 'Super El Nino' raises fears for Asia reeling https://phys.org/news/2026-05-super-el-nino-asia-reeling.pdf?utm_source=openai • 2025/48 “The Critical Impact of Extreme Heat on Rice Production in Southeast Asia” by Elyssa Ludher – ISEAS – Yusof Ishak Institute https://www.iseas.edu.sg/articles-commentaries/iseas-perspective/2025-48-the-critical-impact-of-extreme-heat-on-rice-production-in-southeast-asia-by-elyssa-ludher/?utm_source=openai • El Niño fears push rice importers to build stocks as Thailand watches drought risk https://www.nationthailand.com/news/general/40066149?utm_source=openai • Advances in artificial intelligence to model the impact of El Niño–Southern Oscillation on crop yield variability - ScienceDirect https://www.sciencedirect.com/science/article/pii/S2215016125004947?utm_source=openai