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Qube and Patrick at Port Botany in Sydney are in a dispute over a container yard not covered by the MUA enterprise agreement. Wharfies held a three-hour blockade on April 9 and a sit-in on April 20 after refusing to load a train.
The action cost the company an 8-hour shift.
Container terminal labour disruption in Sydney can slow containerised trade, but grain and feed flows are not central here, so the feed price impact is limited.
solidarity.net.auJames SuppleApr 24, 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.
