{"id":80120,"date":"2020-12-09T10:41:22","date_gmt":"2020-12-09T10:41:22","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/china-container-shortage-causes-freight-rates-double\/"},"modified":"2025-09-19T08:54:29","modified_gmt":"2025-09-19T08:54:29","slug":"china-container-shortage-causes-freight-rates-double","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/china-container-shortage-causes-freight-rates-double\/","title":{"rendered":"China container shortage causes freight rates to more than double"},"content":{"rendered":"

The recovery in China's manufacturing activity after the Covid-19 lockdown has surged progressively and after a halt caused by quarantine measure in the European countries, demand for Chinese products in Europe has increased.<\/em><\/p>\n

Thus, a shortage of containers and container ships from China to Europe has pushed up freight rates between the regions.<\/p>\n

According to freight industry media, freight prices per-container which previously stood at US$1,000, now more than doubled with quotes at US$ 2,200.<\/p>\n

The recovery in China and then in Europe saw a mini-boom on the Asia-Europe container trade routes in Q2 and Q3 2020. At the end of Q3, the headline rates on Asia-Northern Europe (specifically Shanghai to Antwerp) had increased to US$2,336\/FEU, according to Alphaliner.<\/p>\n

Also, most producers and sellers expect prices to rise to US$ 3,000 per container in the near term, which will have a clear an impact on the wood products industry prices.<\/p>\n

A little relief in container shortages could be noticeable at the end of the year, but most market participants don't expect a major improvement until after the Chinese Lunar New Year Holiday in February 2021.<\/p>","protected":false},"excerpt":{"rendered":"

The recovery in China’s manufacturing activity after the Covid-19 lockdown has surged progressively and after a halt caused by quarantine measure in the European countries, demand for Chinese products in Europe has increased. Thus, a shortage of containers and container … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":64135,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715,4714],"tags":[3254,4307,4450],"class_list":["post-80120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-china","tag-container","tag-container-prices","topic-forestry","topic-sawmilling","topic-wood-based-panels","area-china","area-europe","area-north-america"],"acf":[],"yoast_head":"\nChina container shortage causes freight rates to more than double - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/china-container-shortage-causes-freight-rates-double\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China container shortage causes freight rates to more than double - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"The recovery in China's manufacturing activity after the Covid-19 lockdown has surged progressively and after a halt caused by quarantine measure in the European countries, demand for Chinese products in Europe has increased. 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