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Pacific National confirmed that a 48-hour strike over the weekend led to cancellation of 90 coal train services across the Hunter Valley and Illawarra chains. A further 48-hour stoppage was notified for October 28-29.
Cancelled coal and bulk train services signal logistics bottlenecks in eastern Australia that can delay grain and feed movements, with limited direct price effect on feed commodities.
spglobal.comOct 23, 2017Not enough comparable past events yet for a historical read.
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.
