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Nautical Voice reports that strikes at major Australian ports will continue in the dispute between the Maritime Union of Australia and Qube Ports. Stoppages are scheduled at Adelaide, Brisbane, Darwin, Gladstone, Melbourne and Port Kembla, and eight-hour stoppages will apply when vessels berth.
Stoppages at bulk grain terminals delay vessel loading and can cause supply-chain disruption into January. Delays push up ocean freight costs for Australian grain and fertiliser shipments.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.