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South Africa's state-owned port and rail company and labour unions were to meet again after a strike starting October 6 cut staff at key ports that export iron ore and coal. Agricultural shipments, including citrus and fruit, are also at risk, and a union rejected Transnet's pay offer.
Prolonged port strikes slow agricultural exports from South Africa, a major citrus exporter, which can tighten regional supply but has limited global feed price impact.
airfreight.newsBloombergOct 12, 2022Not 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.
