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Insurers classified Hambantota Port in Sri Lanka as Risk Plus after striking workers held two docked ships hostage. The government ordered employees back to work and said the port could still receive commercial vessels, with some ships diverted to Colombo or other ports.
The disruption affects port operations in Sri Lanka and has minimal direct bearing on global feed commodity supply, demand or prices.
ft.lkDec 15, 2016Not 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.
