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A three-day strike at Port Kembla Coal Terminal in Australia began April 11 over enterprise agreement talks. Coal loading and receiving were halted for parts of several days, and vessels were left waiting at anchorage.
The dispute concerns coal handling and does not involve grain.
The stoppage affects coal exports and vessel scheduling at a NSW port with little direct grain or feed impact, so price effects on feed commodities are minimal.
worldmaritimenews.comApr 12, 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.
