MySheen

The output of chemical fertilizers and pesticides increased in the first quarter

Published: 2024-11-06 Author: mysheen
Last Updated: 2024/11/06, In the first quarter, the added value of the chemical industry increased by 9.1% over the same period last year, down 2.9 percentage points from the same period last year. Among the main products, the output of ethylene was 4.41 million tons, an increase of 4.5%. The output of plastics in primary form increased by 11.4% to 17.81 million tons, while the output of synthetic rubber decreased by 7.3% to 1.23 million tons.

In the first quarter, the added value of the chemical industry increased by 9.1% year-on-year, and the growth rate dropped by 2.9 percentage points year-on-year. Among the main products, ethylene production was 4.41 million tons, an increase of 4.5%. The output of plastics in the primary form was 17.81 million tons, an increase of 11.4%, the output of synthetic rubber was 1.23 million tons, a decrease of 7.3%, and the output of synthetic fibers was 9.91 million tons, an increase of 13.8%. The output of caustic soda was 7.56 million tons, down 1.2%; the output of soda ash was 6.5 million tons, up 2.0%. The output of chemical fertilizer was 17.31 million tons, an increase of 5.8%, of which the output of nitrogen fertilizer, phosphorus fertilizer and potassium fertilizer increased by 3.0%, 10.3% and 24.4% respectively. Pesticide output was 910,000 tons, an increase of 7.1%. The output of rubber tire casing was 215.79 million pieces, down 3.5%. Calcium carbide output was 5.88 million tons, an increase of 5.2%.

Most of the chemical products under key monitoring rose in price compared with last month. In March, the average price of caustic soda (caustic soda) was 2050 yuan/ton, up 2.5% from the previous month and down 13.1% year-on-year; soda ash was 1550 yuan/ton, down 1.9% from the previous month and down 7.2% year-on-year. Urea 1670 yuan/ton, up 0.6% from last month, up 6.4% year-on-year; domestic diammonium phosphate 2920 yuan/ton, up 1.7% from last month, up 10.6% year-on-year. Calcium carbide 2360 yuan/ton, up 3.5% from the previous month, down 12.9% year-on-year.

In the first quarter, the chemical industry realized a profit of 86.28 billion yuan, up 3.9% year-on-year. Among them, the fertilizer manufacturing industry made a profit of 5.6 billion yuan, an increase of 13.8%.

 
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