Loading…
Headload workers in Mattancherry, Kerala, have been on strike for seven days after the state welfare board withheld a festival advance of Rs 15,000 from over 100 workers. The stoppage has disrupted loading at the port area and affected several spice export units there.
Trade bodies have called on the Kerala government to intervene.
The strike affects a small regional port handling spices and other exports, so its effect on global feed-ingredient prices is minimal. Any impact would be limited to local shipments of spices and similar goods.
thenewsminute.comTNM StaffJun 5, 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.
