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Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / China / Europe / Global
February 13, 2020

Coronavirus could paralyze wood exports from Europe to China; ships blocked in ports

Coronavirus could paralyze wood exports from Europe to China; ships blocked in ports
   The coronavirus could paralyze log export from Europe to China. GWMI has learned this in discussions with exporters and shipping companies.    Production in China is largely paralyzed due to government measures to curb the virus. In many ports in China, work is still stopped. Containers are received, but not cleared. New containers are not loaded. The ships are stuck in China.    Due to this shortage of cargos, the shipping companies have announced an increase in ocean freight costs of € 300 to € 400 per container in March. This should push spruce ...

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