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The All India Port Workers Federation and AICCTU called an indefinite port strike from January 29, 2018, at Mangalore port over wages and enforcement of labour laws. The unions say shipping company managements refuse to implement minimum wage and labour regulations.
An indefinite strike at a small Indian west-coast port could delay some cargo handling, but the effect on global feed commodity prices is likely limited.
mangalorean.comAlfie Dsouza, Team Mangalorean.Jan 23, 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.
