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Workers at the Magampura Port in Hambantota, Sri Lanka, began a token strike demanding job security for 467 port workers. The strike follows a July government agreement giving China Merchant Port Holdings a stake in the port.
A token strike at a small Sri Lankan port has negligible effect on global feed or grain supply and prices.
sundaytimes.lkSep 27, 2017Not 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.
