ENSO is Neutral. A third of the map is not.
RONI for April–June 2026 reads +0.47 — below the +0.50 threshold, so the cycle is classified Neutral. Underneath that label, 51.1% of Vietnam’s grid cells and 39.0% of Malaysia’s sit past the SPEI-3 −0.5 line. Why one ocean index cannot carry a risk book.