I don't have personal experience, but a friend decided to use wood shavings on another grower's advice and had some problems. He used fresh shavings from conifers which stopped or drastically slowed growth of nearly everything he had in his garden for about a year.
It turned out the other grower had been using old stable litter, not fresh shavings. The stable litter was aged about a year before it was used in the garden, allowing some form of natural anti-growth chemical in the fresh shavings to deteriorate before it was spread around the palms.
I would advise against using fresh chips or shavings from conifers(pine, spruce, fir, etc.) unless it has been aged outdoors for at least 1 year.