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