European Internet, March 26, According to the comprehensive report of the European Union News Agency, the wave of toilet paper buying caused by the new crown epidemic last year is still fresh in memory. Now, the cargo ship Ever Given blocks the Suez Canal, affecting the navigation of other ships and the transportation of raw materials, and may cause another toilet paper chaos.
Evergreen cargo ship blocked the Suez Canal.
According to Bloomberg, Evergrande Marine Shipping Ever Given freighter suspected of deviating from the channel due to strong winds and accidentally stranded, resulting in a two-way blockage of the Suez Canal. Hundreds of ships are waiting to pass the canal, and preliminary estimates are expected to cost global trade $400 million per hour.
In addition to the possible increase in oil prices and freight prices, this ship jamming incident may also cause abnormal supply of various raw materials or commodities, resulting in price increases, including toilet paper.
Suzano, headquartered in Brazil, , Sao Paulo, is the world's largest manufacturer of toilet paper raw materials for wood pulp. The company warned that wood pulp shipments may be delayed due to the ship jamming incident.
The company's CEO Walter Schalka said that the surge in demand for large container ships may squeeze into bulk ship , because the company mainly transports in bulk, which may cause delays in shipments.
Sharka pointed out that the company had been worried that exports in March would be lower than expected and was forced to postpone some shipments until April, but due to increased competition among container ships, the number of times bulk ships docked at the company's dock will decrease. He said that all South American operators who export goods via bulk ships are currently at this risk.
Brazil is the world's largest supplier of wood pulp, and Suzano's production accounts for one-third of the global supply. If the supply of wood pulp is interrupted and toilet paper manufacturers do not have enough wood pulp stocks, toilet paper supply may be affected and prices may fluctuate. (Li Sijia)
