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Sasol declared force majeure on some products because of the Transnet strike, which paralysed freight rail and port operations for nearly two weeks from October 6. The strike throttled exports from South Africa.
Supply disruption at Sasol affects chemical and fuel output, with the strike's logistics effects limited for feed commodity markets.
reuters.comOct 20, 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.
