2009, Eight Oil And Chemical Industry Trends In Economic Performance

HC Chemical Network Hearing, in response to the international financial crisis, to achieve “capital growth, expand domestic demand structure” of the strategic objectives, the State Council formulated and implemented in time to expand domestic demand and promoting Economy Growth plans, issued a “petrochemical industry restructuring and revitalization plan,” the oil and chemical industry in 2009 has stabilized the economy recovered, the overall development situation for the better.

One, the industry achieved double-digit growth in industrial value added

2009, the industry added value of industrial added value accounted for 12.00%, an increase of 10.13%. Time points of view, the beginning of growth of 6.6%, up 7.7% in the first half, the first three quarters increased 9.06 percent, showing the gradual growth trend; different industries, the petroleum and petrochemical industries grew 4.50%, 15.90% growth in the chemical industry, outstanding performance.

2009, the industry-wide scale enterprises 34 600; 6.63 trillion yuan in output value, up 0.3%; Sell Value of 6.35 trillion yuan, an increase of 0.15%.

Second, the majority of product output has been revitalized

2009 8 months later, the majority of products there restore growth. Track 62 (Class) show output of key petrochemical products, in 2009, an increase of the products are 58 species (kind), accounting for 93.5%. Particularly Oil , Fertilizers, basic chemicals, synthetic materials, tires and other products significantly accelerate the growth rate over the previous year. Annual Crude Output of 189.5 million tons, down just 0.4% year on year, roughly flat with last year; natural gas production 83 billion cubic meters, up by 8%; crude oil processing capacity of 375 million tons, up 7.9%, growth rate 4.2 percentage points faster than the previous year; finished oil (gas, coal, Diesel fuel Total) production 228 million tons, up 9.4%, accelerating 2.5 percentage points; fertilizer production 67.06 million tons, up 16.3%, growth accelerated 14.9 percent; ethylene production exceeded 10 million tons, up 10.7 million tons, up 8.3%, accelerating 10.4 percentage points. In addition, Pesticide Production grew by 12.3%; up 18.7% sulfuric acid, caustic soda and soda ash rose by 8.6% and 8.7%; Synthetic resin 11.8%; synthetic fiber monomer and polymer growth of 10.3%; tire tire growth of 18.1%.

Third, the market demand continues to rise

2009, the national apparent consumption of primary petrochemical products continued to rise. 1 to 12 months, apparent consumption of crude oil was 388 million tons, up 6.2% in September than the speed of about 1 to 3 percentage points; ethylene apparent consumption amounted to 11.656 million tons, up 10.1%, compared with 1 to 9 month to speed up 7.1 percentage points; In addition, sulfuric acid apparent consumption rose by 21.4%, up 13.4% of caustic soda, soda ash 8.9%, up 35.9% methanol, synthetic resin, up 19.2%, 16.6% synthetic polymers, fertilizers, 14.3% , tires, etc. 44.8% increase.

Four different price trend 2009, the petroleum and chemical industry, the overall price level fell by 13.2% over the previous year. However, significant differences in price movements. Organic raw materials, synthetic materials were significantly warmer trend in the market; chemical fertilizers, inorganic raw material prices continued to slump.

(A) of the fertilizer market downturn

2009 showing an overall downturn of fertilizer market trend, the main fertilizer varieties of low prices of long-term operation. Price data showed annual average price of urea was 1,735 yuan / ton, down 15%; DAP average price is 2703 yuan / ton, down 30.6%; domestic potassium chloride for an average price of 3493 yuan / ton, up up 1.2%; 45% of the chlorine-based compound average price is 2228 yuan / ton, down 24.6%.

(B) of the basic chemical raw materials market polarization

2009, the basic chemical raw materials market was polarized situation. Inorganic chemical raw materials end of the market despite the better performance, but weak fully shown throughout the year. Average market price of sulfuric acid of 313 yuan / ton, down 75.7%, 37.4% higher than in early fall;

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