Loading…
Portuguese dockworkers started a four-week overtime strike, due to end on 10 September, called by the Stevedore and Logistics Activity Union (SEAL). The action covers all overtime and weekend and holiday work at eight national ports, protesting alleged anti-union practices.
Overtime bans at Iberian ports can slow vessel turnaround and cargo handling for feed and grain imports, though Portugal's import volume is small relative to global flows.
theportugalnews.comTPN/LusaAug 16, 2018Not 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.
