Development And Reform Commission: Petrochemical Industry 1-8 Months Overall Stable Operation

1-8 months of this year, Affected by Libya Situation and other factors, the international crude oil prices are high and volatile, the market demand for petrochemical products is strong, the output value of industrial output is significantly higher than the growth rate of production, and the overall economic benefits are generally good. Trade Gradually enlarged, showing a steady and relatively fast development trend.

　 First, the rapid growth of industrial output value.

In 1-8, the petrochemical industry achieved an output value of 63890 billion yuan, an increase of 34.9% over the same period last year, an increase of 1 percentage points over last year's growth rate. Among them, the refining industry 20217 billion yuan, an increase of 30.6% over the same period last year, 7.4 percentage points slower than last year's growth rate, 41987 yuan in the chemical industry, an increase of 37.1% over the same period last year, a 4.5 percentage point increase over last year's growth rate. Before August, the added value of petrochemical industry increased by an average of about 13.2%, down 0.5 percentage points from last year's growth rate.

　　 Two, steady growth in product output.

In the 1-8 month, the output of major petrochemical products maintained a steady growth trend, crude oil processing volume of 297 million 440 thousand tons, refined oil 176 million 560 thousand tons, and ethylene 10 million 340 thousand tons, up 6.6%, 7%, 14.6%, respectively. Compared with the whole year last year, the growth rate of crude oil processing dropped by 6.8 percentage points, and the output of finished oil products dropped by 3 percentage points, and the ethylene production growth rate dropped by 17.1 percentage points.

　　 Three, significant improvement in economic efficiency.

In 1-7, the petrochemical industry realized a profit of 231 billion 100 million yuan, an increase of 24.7% over the same period last year. Among them, the chemical industry realized a profit of 221 billion 800 million yuan, an increase of 54.9% over the same period last year. In addition, due to the rapid rise in crude oil prices, the cost of sales Increase Higher than the increase in revenue, the refining industry realized a profit of 2 billion 400 million yuan, down 93.5% from the same period last year, a loss of 4 billion 800 million yuan in July and a loss of 34 billion 600 million yuan in the deficit business, an increase of 7 times compared with the same period last year.

　 Four. Foreign trade is gradually enlarged.

This year, the import and export trade of petrochemical industry continues to maintain rapid growth. In 1~7 months, the total import and export volume was US $226 billion 300 million, an increase of 27.5% over the same period last year. Among them, total imports amounted to US $130 billion 100 million, an increase of 24.4% over the same period, and total exports of US $96 billion 200 million, an increase of 32% over the same period last year.

　　 Five, the international oil price concussion is low.

In August, the prospect of world economic recovery weakened, the European debt and the US debt crisis intensified, the US dollar rebounded, the international crude oil price shocks declined, and the average spot price of WTI crude oil was 88.93 US dollars / barrel, up 13.58% compared to the same period last year, down 2.74%. The average spot price of Brent crude oil is 111.23 US dollars / barrel, up 41.93% compared to the same period last year, down 2.64%.

　 Six, the fluctuation of product price is bigger.

In August, affected by the low international crude oil prices, the domestic oil price chain ratio as a whole was callback. Overall, the market differentiation of domestic bulk chemical products increased in August, the price fluctuated greatly, the prices of inorganic chemical raw materials decreased as a whole, the prices of organic chemical raw materials rose overall, the price of chemical fertilizer increased, the price of the rubber increased, the price of the rubber floated, rubber prices fluctuated, synthetic rubber increased, and natural rubber fell. In August, the sales rate of industrial products was 98.27%, down 0.1% compared with the same period last year, and the production and sales were basically balanced. In the petrochemical products with key tracking, the prices were flat and the products increased more than 90%.