National Development and Reform Commission recently released data show that in November, the chemical industry added value increased by 2.8%, the growth rate down 2.8 percentage points year on year. Among the major chemical products, the output of ethylene increased by 6.7% over the same period of last year; the output of primary form of plastic, synthetic rubber and synthetic fiber increased by 2%, 16.2% and 4.5% respectively; the output of caustic soda dropped 0.8% and that of soda ash increased 7% %, Of which nitrogen fertilizer increased 3.4%, phosphate fertilizer and potassium fertilizer decreased 4.6% and 1.4% respectively; pesticide production decreased 5.2%; rubber tire casing increased 3.5%; calcium carbide output decreased 5.6%.
From January to November, the added value of the chemical industry increased by 3.7% from the same period of last year, with the growth rate down 4.4 ppt YoY. Among the main products, ethylene production was 16.58 million tons, an increase of 1.9%. The primary form of plastic output 78.18 million tons, an increase of 4.9%; synthetic rubber production 536 tons, an increase of 3.8%; synthetic fiber output of 41.33 million tons, an increase of 2.9%. The output of caustic soda was 30.91 million tons, an increase of 2.5%. The output of soda ash was 24.45 million tons, an increase of 5.2%. Fertilizer output was 57.51 million tons, down 4%. Among them, nitrogen fertilizer production dropped 7.3%, while phosphate and potassium fertilizers increased 0.8% and 3.7% respectively. Pesticide production dropped 5.3%. Rubber tire production 86,956,600 tires, an increase of 6.3%. Calcium carbide output 22.7 million tons, down 0.4%.
Among the key chemical products monitored, the prices of some products went up from the previous month. In November, the average price of caustic soda (caustic soda) was 4550 yuan / ton, down 0.2% over the previous month and up 35.8% over the same period of last year; soda ash was 2540 yuan / ton, up 8.1% from the previous month and up 42.7% over the same period of last year. Urea 1750 yuan / ton, down 1.7% from the previous month, up 25%; domestic DAP 2700 yuan / ton, up 8% from the previous month, up 1.5%. Calcium carbide 3070 yuan / ton, down 4.1% from the previous month, up 17.6%.
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