In October, under the active regulation of the government’s macro-economy, the economic growth of the oil and chemical industries continued to slow down, but remained steady and relatively fast. The overall performance of the industry was stable, and refining turned profitable. The demand for petroleum and chemical products has steadily slowed down, and the overall level of prices has dropped somewhat; investment growth has accelerated. At present, although the refining industry is still making weak profits, it is very fragile. Once the international oil price rises rapidly, refining may reappear losses. The economic slowdown at home and abroad continues to increase.
- Economic growth has clearly slowed down the growth rate of output value of the industry for the first time to below 30%. As of the end of October, there were 26671 enterprises above designated size in the petroleum and chemical industry. The total output value for the month was 979.24 billion yuan, up by 27.3% year-on-year, and the growth rate was down by 5.7% from the previous month. It fell back below 30% for the first time this year, higher than the national industrial output value over the same period. An increase of 1.6%. In October, the chemical industry output value was 588.71 billion yuan, an increase of 31.1% year-on-year, and the growth rate decreased by 5.3% from the previous month and a decrease of 2.3% from the previous month. From January to October, the total output value of the petroleum and chemical industries was 9.22 trillion yuan, a year-on-year increase of 33.8%, accounting for 13.3% of the country's total industrial output value over the same period.
——Main chemical products maintained rapid growth In October, energy production continued to fall, but the overall output of major chemical products continued to grow rapidly. Among them, soda ash, methanol, **, agrochemicals, oil drilling equipment, chemical reagents, tires and other products are growing strongly. Data show that from January to October, the total amount of major chemicals in China reached 345 million tons, an increase of 12.9% over the same period of last year, an increase of 0.1% from January to September. In October, the country’s crude oil output was 16.67 million tons, a year-on-year decrease of 6.2%, falling for three consecutive months, and the largest decline in the year; natural gas production 8.37 billion cubic meters, an increase of 5.0%; crude oil processing volume 37.106 million tons, a year-on-year decrease of 0.9% It dropped for the first time in the second half of the year; refined oil production was 22.092 million tons, an increase of 2.5%. In October, the total output of chemical fertilizers in the country (refine, the same below) was 5.358 million tons, a year-on-year increase of 11.9%. The output of pesticides (folded 100%) was 219,000 tons, an increase of 26.6%. According to incomplete statistics, in October, the operating rate of the refinery industry was approximately 82%, the operating rate of ethylene plants was 98.2%, the operating rate of polyvinyl chloride units was 53%, the operating rate of caustic soda plants was 71%, the operating rate of soda plants was 85%, and urea plants The operating rate was 81%, the operating rate of the calcium carbide plant was 62%, and the operating rate of the methanol plant was 52%. The operating rate of the industry equipment is generally the same as last month, but with the release of new production capacity, the operating rate will decline.
—— Investment Growth Stably Accelerated In October, investment in the petroleum and chemical industries accelerated. The total investment for the month was 139.616 billion yuan, an increase of 26.0% year-on-year and an increase of 8.3% month-on-month. Among them, the chemical industry saw the largest growth rate of 37.7%; oil refining investment declined for the first time in a single month, a drop of 0.9%; oil and gas production grew for the second consecutive month, an increase of 9.1%. From January to October, the investment in fixed assets of the petroleum and chemical industries was 1.09 trillion yuan, a year-on-year growth of 20.1%, and an increase of 0.9% from January to September. Among them, the chemical industry invested 770.056 billion yuan, an increase of 26.2% year-on-year, an increase of 1.5% from January to September, accounting for 70.59% of the total investment in the industry.
—— The growth of benefits tended to be stable In September, the profits of the petroleum and chemical industries increased significantly, and the profit growth rate accelerated markedly. The downward trend was initially contained. For the first time in a row, the refining segment has lost profits for the first time in four months, which is the biggest highlight of the month. According to statistics, from January to September, the total profit of enterprises above designated size in the industry was 618.52 billion yuan, a year-on-year increase of 29.8%, an increase of 0.4% over 1-8, accounting for 16.8% of the total profit of industrial enterprises above designated size in the same period of the same period; the profit growth was stable. Faster situation. Among them, the profit for September was 67.767 billion yuan, a year-on-year increase of 33.5%, and an increase of 5.7% over the previous period. The cost continues to operate at a high level, and the industry’s loss situation is basically stable. From January to September, the cost of oil and chemical industry sales was 6.59 trillion yuan, up 35.2% year-on-year, and the rate of increase was 0.4% lower than that of January-August, continuing to maintain a high level of performance.
In the first 9 months, there were 3,082 loss-making enterprises in the industry, a year-on-year increase of 4.4% and a loss of 11.6%; loss-making enterprises suffered a loss of 78.394 billion yuan, a year-on-year increase of 141.9%, an increase of 5.2% from January to August. Among them, September's loss of loss-making enterprises was 9.69 billion yuan, a decrease of 13.6% from the previous period; industry liabilities totaled 4.24 trillion yuan, a year-on-year increase of 22.6%, and the asset-liability ratio was 55.73%, which was the same as that of January-August.
——The import and export trade reached a record high for the period from January to October. The import and export trade of the petroleum and chemical industries continued to grow at a rapid rate. The total import and export volume reached US$498.3 billion, an increase of 34.4% year-on-year, and the growth rate was 1.9% faster than the first half. Among them, total imports were US$356 billion, up 35.8% year-on-year; total exports were US$142.3 billion, up 31.2% year-on-year; cumulative deficits were US$213.6 billion, up 39% year-on-year. From January to October, China imported 208 million tons of crude oil, an increase of 5.3% year-on-year and 1.7% lower than in the first half of the year. Accumulated imports of natural gas amounted to 17.75 million tons, a year-on-year increase of 87%, and sustained rapid growth. Among the major chemical products, methanol imports 4.72 million tons, an increase of 10.9% year-on-year; paraxylene imports 4.07 million tons, an increase of 39.4%. From January to October, rubber products exported 33.7 billion U.S. dollars, an increase of 24.8% year-on-year, accounting for 23.6% of the industry's total exports. It was the main source of trade surplus for the industry; exports of organic chemicals were 27.2 billion U.S. dollars, an increase of 34.2% year-on-year, accounting for total exports. 19.1%, ranking second.
- Economic growth has clearly slowed down the growth rate of output value of the industry for the first time to below 30%. As of the end of October, there were 26671 enterprises above designated size in the petroleum and chemical industry. The total output value for the month was 979.24 billion yuan, up by 27.3% year-on-year, and the growth rate was down by 5.7% from the previous month. It fell back below 30% for the first time this year, higher than the national industrial output value over the same period. An increase of 1.6%. In October, the chemical industry output value was 588.71 billion yuan, an increase of 31.1% year-on-year, and the growth rate decreased by 5.3% from the previous month and a decrease of 2.3% from the previous month. From January to October, the total output value of the petroleum and chemical industries was 9.22 trillion yuan, a year-on-year increase of 33.8%, accounting for 13.3% of the country's total industrial output value over the same period.
——Main chemical products maintained rapid growth In October, energy production continued to fall, but the overall output of major chemical products continued to grow rapidly. Among them, soda ash, methanol, **, agrochemicals, oil drilling equipment, chemical reagents, tires and other products are growing strongly. Data show that from January to October, the total amount of major chemicals in China reached 345 million tons, an increase of 12.9% over the same period of last year, an increase of 0.1% from January to September. In October, the country’s crude oil output was 16.67 million tons, a year-on-year decrease of 6.2%, falling for three consecutive months, and the largest decline in the year; natural gas production 8.37 billion cubic meters, an increase of 5.0%; crude oil processing volume 37.106 million tons, a year-on-year decrease of 0.9% It dropped for the first time in the second half of the year; refined oil production was 22.092 million tons, an increase of 2.5%. In October, the total output of chemical fertilizers in the country (refine, the same below) was 5.358 million tons, a year-on-year increase of 11.9%. The output of pesticides (folded 100%) was 219,000 tons, an increase of 26.6%. According to incomplete statistics, in October, the operating rate of the refinery industry was approximately 82%, the operating rate of ethylene plants was 98.2%, the operating rate of polyvinyl chloride units was 53%, the operating rate of caustic soda plants was 71%, the operating rate of soda plants was 85%, and urea plants The operating rate was 81%, the operating rate of the calcium carbide plant was 62%, and the operating rate of the methanol plant was 52%. The operating rate of the industry equipment is generally the same as last month, but with the release of new production capacity, the operating rate will decline.
—— Investment Growth Stably Accelerated In October, investment in the petroleum and chemical industries accelerated. The total investment for the month was 139.616 billion yuan, an increase of 26.0% year-on-year and an increase of 8.3% month-on-month. Among them, the chemical industry saw the largest growth rate of 37.7%; oil refining investment declined for the first time in a single month, a drop of 0.9%; oil and gas production grew for the second consecutive month, an increase of 9.1%. From January to October, the investment in fixed assets of the petroleum and chemical industries was 1.09 trillion yuan, a year-on-year growth of 20.1%, and an increase of 0.9% from January to September. Among them, the chemical industry invested 770.056 billion yuan, an increase of 26.2% year-on-year, an increase of 1.5% from January to September, accounting for 70.59% of the total investment in the industry.
—— The growth of benefits tended to be stable In September, the profits of the petroleum and chemical industries increased significantly, and the profit growth rate accelerated markedly. The downward trend was initially contained. For the first time in a row, the refining segment has lost profits for the first time in four months, which is the biggest highlight of the month. According to statistics, from January to September, the total profit of enterprises above designated size in the industry was 618.52 billion yuan, a year-on-year increase of 29.8%, an increase of 0.4% over 1-8, accounting for 16.8% of the total profit of industrial enterprises above designated size in the same period of the same period; the profit growth was stable. Faster situation. Among them, the profit for September was 67.767 billion yuan, a year-on-year increase of 33.5%, and an increase of 5.7% over the previous period. The cost continues to operate at a high level, and the industry’s loss situation is basically stable. From January to September, the cost of oil and chemical industry sales was 6.59 trillion yuan, up 35.2% year-on-year, and the rate of increase was 0.4% lower than that of January-August, continuing to maintain a high level of performance.
In the first 9 months, there were 3,082 loss-making enterprises in the industry, a year-on-year increase of 4.4% and a loss of 11.6%; loss-making enterprises suffered a loss of 78.394 billion yuan, a year-on-year increase of 141.9%, an increase of 5.2% from January to August. Among them, September's loss of loss-making enterprises was 9.69 billion yuan, a decrease of 13.6% from the previous period; industry liabilities totaled 4.24 trillion yuan, a year-on-year increase of 22.6%, and the asset-liability ratio was 55.73%, which was the same as that of January-August.
——The import and export trade reached a record high for the period from January to October. The import and export trade of the petroleum and chemical industries continued to grow at a rapid rate. The total import and export volume reached US$498.3 billion, an increase of 34.4% year-on-year, and the growth rate was 1.9% faster than the first half. Among them, total imports were US$356 billion, up 35.8% year-on-year; total exports were US$142.3 billion, up 31.2% year-on-year; cumulative deficits were US$213.6 billion, up 39% year-on-year. From January to October, China imported 208 million tons of crude oil, an increase of 5.3% year-on-year and 1.7% lower than in the first half of the year. Accumulated imports of natural gas amounted to 17.75 million tons, a year-on-year increase of 87%, and sustained rapid growth. Among the major chemical products, methanol imports 4.72 million tons, an increase of 10.9% year-on-year; paraxylene imports 4.07 million tons, an increase of 39.4%. From January to October, rubber products exported 33.7 billion U.S. dollars, an increase of 24.8% year-on-year, accounting for 23.6% of the industry's total exports. It was the main source of trade surplus for the industry; exports of organic chemicals were 27.2 billion U.S. dollars, an increase of 34.2% year-on-year, accounting for total exports. 19.1%, ranking second.
Brass Towel Rail,Stainless Steel Grab Bar,Anticorrosive Kitchen Rack,Double Towel Rack Bathroom
Heshan Zhongxin Sanitary Ware Ind., Co., Ltd , https://www.baolongfaucets.com