The added value of China's chemical industry rose 10.4 percent year on year in August, 1.7 percentage points higher compared with the growth rate in the same period of last year, according to the latest statistics from the National Development and Reform Commission (NDRC).
In the first eight months of this year, the added value of China's chemical industry rose 9.5 percent year on year, down 1.4 percentage points from a year earlier.
Table 1: Output of major chemical products from January to August
|
Item |
Y-O-Y change in Aug. |
Output in first 8 months (mln t) |
Y-O-Y change in first 8 months |
|
Ethylene |
4.9% |
11.43 |
1.9% |
|
Primary plastics |
8.9% |
49.72 |
8.7% |
|
Synthetic rubber |
(4.9%) |
3.37 |
(0.5%) |
|
Synthetic fiber |
10.8% |
28.38 |
11.5% |
|
Caustic soda |
(3.4%) |
20.2 |
(1.4%) |
|
Soda ash |
5.2% |
17.22 |
2.8% |
|
Chemical fertilizers |
18.3% |
50.15 |
8.3% |
|
Including: Nitrogen fertilizer |
16.7% |
6.1% |
|
|
Phosphorus fertilizer |
27.7% |
14.9% |
|
|
Potassium fertilizer |
1.2% |
6.2% |
|
|
Pesticide |
1.7% |
2.44 |
3.2% |
|
Rubber tires |
1.7% |
618.24 tires |
(1.5%) |
|
Calcium carbide |
(1.3%) |
16.37 |
2.4% |
Table 2: Prices of major chemical products in August
|
Item |
Price (yuan/tonne) |
Month-on-month change |
Year-on-year change |
|
Caustic soda |
2,140 |
(0.5%) |
(6.1%) |
|
Soda ash |
1,450 |
(4%) |
(8.8%) |
|
Calcium carbide |
2,350 |
5.4% |
(9.6%) |
|
Urea |
1,680 |
(3.4%) |
5.7% |
|
Domestically-produced diammonium phosphate (DAP) |
2,880 |
(3.4%) |
9.1% |
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