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Sudan is running short of essential medicine, fuel and wheat after a port blockade halted shipments. Imports are stalled while the blockade continues.
The government pledged to seek a political solution.
A blockade of Sudan's main port cuts its wheat import demand and disrupts food supply, a limited effect on global wheat prices given the country's size.
reuters.comOct 3, 2021After 163 past neutral logistics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.1%), and -0.3% 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.
