The transport workers' union UGATT declared a permanent state of alert in solidarity with dockworkers at Terminal Puerto Rosario, who are fighting for job continuity and higher wages. The dockworkers' federation FEPA accused the concession holders of attempting a covert labor reform through longer working hours and dismissals of hundreds of workers.
A national port strike could follow in coming days.
Labor action at Argentina's Rosario port could slow grain and oilseed loadings, including soybean meal and oil shipments, which may tighten prompt export availability and support local basis and freight costs.
After 167 past bullish logistics events, SBM moved a median +0.5% over 5 sessions (54% higher; middle half -1.8% to +2.9%), and -1.2% over 20.
After 85 past bullish logistics events, SBO moved a median +0.7% over 5 sessions (64% higher; middle half -1.3% to +2.7%), and +3.1% 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.