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Transnet and labour unions were set to resume CCMA-mediated conciliation talks after wage negotiations reached an impasse and industrial action began. Transnet said it was committed to a speedy resolution and warned against damage to infrastructure.
Ongoing negotiations suggest the port and rail disruption may ease, which would gradually reduce logistics constraints on South African commodity exports.
sanews.gov.zaOct 12, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% over 20.
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.
