The petrochemical industry runs smoothly in the first half of the year

In the first half of 2022, the petrochemical and chemical industry (excluding oil and gas extraction) was operating smoothly
.

1.
Production is basically stable
.
According to data from the National Bureau of Statistics, in the first half of the year, the capacity utilization rate of chemical raw materials and chemical products manufacturing was 77.
8%, a year-on-year decrease of 0.
8 percentage points, and 2.
4 percentage points higher than the industrial average
.
The output of caustic soda, soda ash, sulfuric acid, ethylene and other bulk raw materials were 19.
65 million tons, 14.
67 million tons, 47.
52 million tons and 14.
39 million tons respectively, up 0.
8%, -1%, 1.
1% and 1.
4% year-on-year; the output of synthetic resin and synthetic rubber They were 56.
27 million tons and 3.
76 million tons respectively, an increase of 1% and -6.
1% year-on-year; the total amount of chemical fertilizers (in pure form) was 28.
43 million tons, a year-on-year increase of 3.
3%; the output of rubber tire casings was 418 million, a year-on-year decrease of 7.
6%
.

Second, the price continued to rise
.
According to the National Bureau of Statistics, in the first half of the year, the ex-factory price index of chemical raw materials and chemical manufacturing industry increased by 16.
3% year-on-year
.
According to the data of the Petrochemical Federation, among the 30 products that focus on price, 21 of them have a year-on-year average price increase in the first half of the year, of which caustic soda, potassium chloride, and sulfuric acid increased by 111%, 92%, and 84% year-on-year; the price in June increased month-on-month.
There are 20 of them, of which nitric acid, caustic soda and PX increased by 14%, 11% and 10% month-on-month
.

3.
Investment and export have a good growth trend
.
According to the National Bureau of Statistics, in the first half of the year, investment in chemical raw materials and chemical manufacturing increased by 15% year-on-year, 4.
1 percentage points higher than the industrial average
.
According to data from the General Administration of Customs, in the first half of the year, the total export value of organic chemicals was US$50 billion, a year-on-year increase of 49%, with a trade surplus of US$18.
1 billion, a year-on-year increase of 366%; the total export of inorganic chemicals was US$18.
4 billion, an increase of 82% year-on-year, with a trade surplus of US$18.
4 billion.
7 billion US dollars, a year-on-year increase of 76%; the total export of synthetic resins was 20.
1 billion US dollars, a year-on-year increase of 40%, and the trade deficit was 15.
5 billion US dollars, a year-on-year decrease of 40%
.