China Petrochemical Industry Association March 29 released analysis report, the first quarter of this year, is expected petrochemical industry output value of about 2.34 trillion yuan, up 28.1%; of which, the chemical industry output value of about 1.35 trillion yuan, an increase of 30.3% .
The association’s forecast for the 2011 industry-wide output value remains unchanged at 10.6 trillion yuan estimated at the end of 2010, representing a year-on-year increase of approximately 20%.
The Federation of Petrochemical Industry also predicts that in the first quarter of this year, the apparent consumption of domestic crude oil will be about 113 million tons, an increase of 8.5% year-on-year; the apparent consumption of natural gas will be around 33.1 billion cubic meters, an increase of about 24% year-on-year; the apparent consumption of refined oil The volume was approximately 64.46 million tons, an increase of 13% over the same period of last year, of which the apparent consumption of diesel was approximately 41.57 million tons, which is expected to increase by 15% year-on-year.
For chemical products, the apparent consumption of chemical fertilizers is expected to be around 15.64 million tons during the same period, an increase of approximately 2.4% year-on-year; the apparent consumption of synthetic resin is 18.31 million tons, an increase of approximately 7.3% year-on-year; and the apparent consumption of ethylene is 4.18 million tons, an increase from the previous year. 35%.
The statistics of the association also show that in January-February this year, 26,255 enterprises above designated size in the petrochemical industry achieved a total output value of 1.5 trillion yuan, an increase of 32.9% year-on-year, accounting for 13.7% of the country's total industrial output value.
Among them, the output value of the three major industries of chemical industry, oil refining and oil and gas exploitation were 847.87 billion yuan, 441.03 billion yuan, and 176.32 billion yuan, respectively, an increase of 35.5%, 30.7%, and 25.7% year-on-year, accounting for 56.7% and 29.5% of the industry's output value respectively. And 11.8%.
During the same period, domestic oil and chemical products showed strong growth. Among them, potash fertilizer, monoammonium phosphate, oil drilling equipment and other products increased by 98.6%, 63.2%, and 52.3%, respectively, but urea production was 4.148 million tons, a year-on-year decrease of 5.6%.
In January-February this year, the operating rate of the refinery industry in China was about 85%; the operating rate of ethylene plants was about 103%; the operating rate of polyvinyl chloride plants was about 55%; the operating rate of caustic soda plants was about 70%; the operating rate of soda plants was About 78%; urea plant operating rate of about 80%; calcium carbide plant operating rate of about 72%; methanol plant operating rate of only about 42%.
In the same period, the sales rate of China's petrochemical industry was 97.82%, an increase of 1.1 percentage points year-on-year. Among them, the oil and natural gas production and sales rate was 100.2%, the production and sales ratio of refining was 98.1%, and the chemical industry production and sales rate was 97.3%.
According to the statistics of the Association, the total import and export trade volume of the whole industry in January-February was US$ 84.207 billion, an increase of 31.4% year-on-year. Among them, total imports reached US$62.058 billion, an increase of 34% year-on-year; total exports were US$21.149 billion, up 24.5% year-on-year. In the first two months, the trade deficit was 39.909 billion U.S. dollars, a year-on-year increase of 39.9%.
The report also pointed out that the current period, the petrochemical industry completed a total investment of 75.259 billion yuan in fixed assets, an increase of 18.9%, an increase of 11.8 percentage points year-on-year growth; of which, chemical industry investment 54.847 billion yuan, an increase of 20.8%, accounting for 72.9 of the total investment in the industry %. In January-February, 672 new projects were started in the industry, a decrease of 21.4% year-on-year.
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