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Agricultural shippers are blaming ocean carriers and terminals for demurrage charges. A separate item notes El Niño is adding stress to refrigerated container shipments from Latin America, and a Suez transit plan is mentioned.
Demurrage and cold-chain disruption raise costs for exporters of perishable and agricultural goods. El Niño weather risk is a longer-term supply factor for Latin American crops.
prod.int.joc.comJOC TeamNov 4, 2019Not 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.
