10 June 2008 09:06 [Source: ICIS news]
SHANGHAI (ICIS news)--China Shanghai Port has announced restrictions on the movement of hazardous chemicals during the Beijing Olympics in August, a Shanghai Port official said on Tuesday.
Import and export of some hazardous chemicals would be suspended at the port from 20 July to 31 August. The prohibited chemicals fall into four broad categories, namely organic peroxides, virulent products, explosive goods and radioactive substances.
The authorities have already issued a formal notification about the restrictions in Shanghai.
The import restrictions may not have much impact on the acetone market in Shanghai since only a handful of companies including Bayer and Lucite import the product.
"We may use domestic acetone goods if it is too difficult to get approval on imported cargoes," said a source from Lucite.
Jiangsu and Zhejiang are the major acetone markets in east China.
Jessia Shen and Cissy Hu from CBI contributed to this article
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