Typhoons delay delivery of Chinese chemicals; some ports shut
06 August 2012 10:14 [Source: ICIS news]
SINGAPORE (ICIS)--Typhoons that hit China in quick succession are delaying delivery of petrochemicals in and out of ?xml:namespace>the country since last week, with some ports not operating because of strong winds and heavy rains, industry sources said on Monday.
Ningbo and Taicang ports in eastern China have been shut as typhoons Saola and Damrey hammered the coastal regions late last week, they said.
China is currently bracing for the arrival of Typhoon Haikui, which is expected to make a landfall at Zhoushan or Wezhou in Zhejiang province on 7-8 August, according to its National Meteorological Center (NMC).
Heavy rains are expected in southern China, including Guizhou, Yunnan, Guangdong and Hainan provinces and the Guangxi Zhuang autonomous region.
East China’s coastal regions, including Zhejiang and Jiangsu provinces, as well as the Shanghai municipalility, are expected to experience heavy downpour, data from NMC showed.
China’s biggest producer of purified terephthalic acid (PTA), Zhejiang Yisheng Petrochemical has delayed transport of material to the eastern part of the country because of the typhoons, a company source said. It is currently running its 2.2m tonne/year PTA plant at Dalian in northeastern China at a reduced capacity of 90%, the source said.
China’s imports of petrochemical products, including xylenes and monoethylene glycol (MEG) have also been hampered by the closure of Ningbo and Taicang ports because of the typhoons, traders said.
The National Commission for Disaster Reduction and Ministry of Civil Affairs said that the two typhoons caused severe damage in the seven coastal provinces of China.
Typhoon Saola and Damrey left eight people dead and eight missing, and forced the evacuation of 1.3m residents of Jiangsu, Zhejiang, Fujian, Jiangxi, Shandong, Hebei and Liaoning provinces as of 9:00 (02:00 GMT) Beijing time on 5 August, according to China’s NMC.
Additional reporting by Thompson Qian, Jenny Jin, Doris Shen and Amy YuBy: Viola Pan+65 6780 4359
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