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Labourers at FCI and FSD Jiribam in Manipur have staged a sit-in and ceased loading and unloading of rice bags at the Jiribam rail head since August 13. They demand raising the handling wage from Rs 2 to Rs 6 per 50kg bag and have refused the July 2019 wage.
A work stoppage at a public rice storage and rail handling point can slow movement of rice stocks in northeast India, a local supply-chain disruption with limited effect on global feed prices.
imphaltimes.comHuirem NareshAug 17, 2019After 21 past bullish logistics events, Rough Rice moved a median -0.5% over 5 sessions (38% higher; middle half -2.0% to +1.8%), and +3.6% 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.
