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Spanish port workers plan a three-week walkout on alternate days from 6 March if the government approves a port labour reform. An earlier strike was suspended, and a go-slow at Valencia has already cut productivity by about 30 per cent.
Prolonged action could slow Spanish exports to non-EU markets reached by sea. Most fruit and vegetable exports move by truck, so the feed-market effect is limited.
fruitnet.comMaura Maxwell 2017-02-23T12Feb 23, 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.
