The Unanderrs (near Port Kembla, NSW) - Robertson - Moss Vale line that carries many GNC Port Kembla-bound grain trains looks to be closed due to either a landslide or flooding.
Unfortunately the alternative, longer rail route from NSW's Riverina to Port Kembla via Moss Vale, Campbelltown, inner Sydney and Sutherland/Wollongong is unavailable as there's flooding and a landslide near Picton, about 80 kilometres south of Sydney.
Adding insult to injury is how the major road in the area had to be shut down last week, so that implies it's suspectible to damage as much as the rail line:
Tuesday 1 March to Thursday 3 March, 9am–3pm
Macquarie Pass (Illawarra Highway): Maintenance closure of Macquarie Pass on the Illawarra Highway
Far from ideal as there's continuing high demand for GNC's 'upcountry surplus' as it loves to call the exported crops. Let's hope these rail lines are not closed for too many days as no one wants costly, in-demand 150000 tonne bulk ships delayed awaiting their precious cargo.
GNC Price at posting:
$8.75 Sentiment: Hold Disclosure: Held
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