From January to May, the added value of chemical industry increased by 4.4% year-on-year.
Date:
2019-08-06

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In May, the added value of the chemical industry increased by 3.8% year-on-year, and the growth rate fell by 0.3 percentage points year-on-year. In the main products, ethylene production increased by 14.6%, plastic production of primary form increased by 5.8%, synthetic rubber production increased by 4.8%, synthetic fiber production increased by 9.4%, caustic soda production decreased by 3.1%, soda production increased by 11.9%, chemical fertilizer production increased by 3.3%, of which nitrogen fertilizer and potassium fertilizer increased by 4.9% and 16.8%, respectively, and phosphorus fertilizer decreased by 6.8%. The output of pesticides increased by 4.1%, the output of rubber tyres increased by 0.2%, and the output of calcium carbide decreased by 0.6%.

From January to May, the added value of the chemical industry increased by 4.4% year-on-year, and the growth rate increased by 0.8 percentage points year-on-year. Among the main products, ethylene production reached 8.48 million tons, an increase of 9.8% over the same period last year. The output of plastics in primary form was 37.86 million tons, an increase of 6.6%; the output of synthetic rubber was 2.4 million tons, an increase of 3%; and the output of synthetic fiber was 2.3 million tons, an increase of 13.2%. The output of caustic soda was 14.64 million tons, down 0.3%, and that of soda was 11.17 million tons, up 4.7%. The output of chemical fertilizer was 24.2 million tons, an increase of 2.4%. Among them, nitrogen fertilizer and potassium fertilizer increased by 3.3% and 13.6%, respectively, while phosphorus fertilizer decreased by 5.1%. The output of pesticides was 870,000 tons, an increase of 0.2%. Outer tire production of rubber tyres was 333.77 million, down 2.4%. The output of calcium carbide was 1.79 million tons, an increase of 0.2%.

Prices of some of the chemicals monitored were lower than last month. In May, the average price of caustic soda (tablet alkali) was 3230 yuan/ton, which was 4.4% lower than last month and 24% lower than that of the previous month. In 2010, the price of soda was 1.5% higher than that of last month and 2% lower than that of the previous month. Urea 2020 yuan/ton, 4.7% lower than last month, 2% higher than last month; domestic diammonium phosphate 2680 yuan/ton, 0.7% lower than last month, 4.3% higher than last month. Calcium carbide 2690 yuan/ton, 10.9% lower than last month, 7.6% lower than the same period last year.


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