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Iranian rail workers have struck again, blocking tracks linking the Bandar Abbas port to Tehran over unpaid wages of about three months. Additional strikes occurred in Shazand, Ahvaz and Kerman Province amid economic turmoil and rail privatization.
Rail disruption to Iran's main southern port can delay imports of grain and feed into the country, although the effect on world prices is small.
iranfocus.comPooya StoneAug 1, 2019Not 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.
