Register
Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood construction / Wood flooring / Wood pellets / Wood Products / Wood-based panels / Asia & Middle East / Australia and Pacific Region / China / Europe / Global / North America / Russia / South America
February 24, 2020

China blocked by the coronavirus: import-export at risk

China blocked by the coronavirus: import-export at risk
  • China's isolation from coronavirus is turning into a logistical nightmare that threatens to have a heavy impact on the global supply chain. The risk has increased now that Beijing has declared that it is ready to grant "force majeure" certificates to subjects who, due to transport difficulties, will not be able to comply with commercial contracts.

A load of timber or an oil tanker, under certain conditions, can therefore be rejected to the sender without paying the price or incurring any penalty. The same legal shield can also defend Chinese suppliers for the non-delivery of raw materials or products of any kind, from steel to auto components to printed t-shirts.

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

All this for only 248 EURO/year!

(approximately $ 272.51, Paypal exchange rate)

Register now:

Checkout Options
Yearly subscription - 248 EUR/year
password strength indicator
Additional Info




We Accept PayPal
Billing Address

Keywords