GPCA '13: Saudi port congestion may worsen ahead of Chinese New Year

20 November 2013 15:18  [Source: ICIS news]

DUBAI (ICIS)--Saudi ports are likely to see increased congestion amid higher demand for petrochemicals ahead of the Chinese New Year holiday at the end of January, industry sources said on Wednesday.

"I expect more delays in Saudi ports amid last-minute prompt shipments ahead of Chinese New Year," an Indian-based trader said on the sidelines of the 8th annual Gulf Petrochemicals and Chemicals Association (GPCA) Forum in Dubai.

Ports affected are likely to include Jubail and Dammam, a Saudi-based source said at the sidelines of the forum.

Congestion is a "long-standing issue", with huge delays during the Muslim festival of Eid-ul-Adha in mid-October and Eid-ul-Fitr in early August, according to a separate south Asia trader attending the conference.

The two-day GPCA Forum will end on 21 November.


By: Muhamad Fadhil
+65 6780 4356



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly