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Port workers in Antwerp are expected to join a national union strike on 13-14 February 2019. Major container terminals at Deurganckdok and the Berendrecht and Zandvliet locks will close, along with some depots and rail terminals.
Port officials estimate the financial impact at millions of euros.
Container and rail closures at a major European gateway delay grain and feed ingredient imports and can back up shipping schedules, adding short-term logistics cost pressure on European feed supplies.
en.flows.beMichiel LeenFeb 12, 2019Not enough comparable past events yet for a historical read.
After 48 past neutral logistics events, Soybean Meal moved a median +0.7% over 5 sessions (60% higher; middle half -1.0% to +2.5%), and +0.7% 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.
