According to the analysis report of the Information Department of the China Petroleum and Chemical Industry Association, since the fourth quarter, due to the rapid expansion of capacity and the weakening of downstream raw material bearing capacity, the demand has slowed down, and many product price declines have intensified and market conditions have fluctuate greatly. .
Among the 64 types of petroleum and chemical products that were tracked in November, there were 57 types of production, which accounted for 89.1% of the increase, and 7 types of production, which accounted for 10.9% of the year-on-year decline. Among the 144 kinds of petroleum and chemical products that were tracked, there were 50 kinds of ring prices which accounted for 34.7% of the price increase, 83 kinds of prices dropped, which accounted for 57.6%, and 67 kinds of which accounted for year-on-year prices, accounting for 46.5%. There are 57 kinds of declines, accounting for 39.6%.
In November, the country’s oil and chemical production remained in good conditions. The specific characteristics are as follows:
Crude oil production rose slightly, and natural gas production rose strongly. In November, the production of crude oil was 14.804 million tons, an increase of 2.4% year-on-year; natural gas production reached 4.75 billion cubic meters, an increase of 35.4% year-on-year, which was the highest monthly increase since the beginning of the year. From January to November, the cumulative production of crude oil was 166 million tons, an increase of 4.1% year-on-year; the amount of crude oil processed reached 261 million tons, a year-on-year increase of 7.0%.
Refined oil production remains stable. In November, a total of 14.87 million tons of refined oil was produced, a year-on-year increase of 6.8%. Among them, 4.662 million tons of gasoline, an increase of 4.5%; diesel 9.395 million tons, an increase of 9.6%, the ratio of diesel to diesel 2.02.
Fertilizer production is relatively flat. In November, the output of chemical fertilizers (refine, the same below) was 4.056 million tons, a year-on-year increase of 7.5%. Among them, nitrogen fertilizer was 3.044 million tons, and high-concentration nitrogen fertilizer urea production was 1.729 million tons, an increase of 9.5% and 6.3% year-on-year; phosphate fertilizer production was 873,000 tons and ammonium phosphate fertilizer was 767,000 tons. , year-on-year increase of 5.6% and 15.2% respectively.
Pesticide production is accelerating. The original drug production in November was 86,000 tons, an increase of 32.5% over the same period of last year. Among them, the output of pesticides and herbicides was 30000 tons and 25000 tons, respectively, an increase of 20.5% and 34.7% respectively. Product structure adjustment achieved remarkable results. From January to November, the proportion of pesticides in pesticides had dropped to 41.0%, which was a drop of 3 percentage points from the same period of last year.
The production of inorganic chemical products continued to grow rapidly. 'Two alkalis' continued to increase due to new production capacity. Production of soda ash was 1.291 million tons, an increase of 18.0% year-on-year; production of caustic soda reached 1,092,000 tons, a year-on-year increase of 20.5%. Of which 342,000 tons of ion-exchange membrane caustic soda, accounting for 31.3% of the total output of caustic soda, an increase of 33.5%.
The production of organic chemical products grew rapidly, especially the production of ethylene and methanol rose by leaps and bounds. In November, ethylene production was 682,000 tons, a year-on-year increase of 21.8%; methanol production was 466,000 tons, a year-on-year increase of 24.3%.
The output of the three major synthetic materials showed a steady and rapid growth. In the same month, the output of synthetic resin was 1.667 million tons, a year-on-year increase of 18.9%. Among them, PVC and PE produced 578,000 tons and 475,000 tons, respectively, which were 24.2% and 22.6% year-on-year respectively. The output of synthetic rubber was 149,000 tons, a year-on-year increase of 19.5%. Synthetic fiber production was 1.314 million tons, a year-on-year increase of 17.9%.
The production of rubber products maintained rapid growth. In November, the tire production was 29.543 million, an increase of 34.9% year-on-year, of which the production of radial tires was 12.793 million, an increase of 30.5% year-on-year, and the growth rate slowed down. At the same time, the production of rubber shoes grew strongly and the output reached 135.736 million pairs, a year-on-year increase of 57.5%.
In November, the prices of petroleum and chemical products in the country generally declined. Among the 139 chemical products tracked, the price dropped by more than half, reaching 79 species, accounting for 56.8%; the increase of 50 species, accounting for 36%; the flatness of 10 species, accounting for 7.2%. Compared with the same period of last year, there were 62 kinds of rises, accounting for 44.6%; there were 57 kinds of drop, accounting for 41%. The specific features are as follows:
The price of oil has been weakening along with the fall in international oil prices. In November, the average market price of unleaded petrol at 90# was 5,329 yuan/ton, down by 0.8% month-on-month and 39.1% year-on-year; the average price of diesel oil at 0# was 4,824 yuan/ton, up 0.5% month-on-month and 42% year-on-year. 4%.
The price of organic chemical raw materials has declined. Of the 62 organic chemical products that were tracked, prices fell by 56.5% month-on-month, and prices of some important organic chemical materials such as propylene, butadiene, naphthalene, and toluene all dropped. Compared with the same period of last year, the year-on-year decline was also Nearly half, which directly led to a decline in the efficiency of the organic chemical manufacturing industry.
Inorganic chemical products have become more volatile. The prices of hydrochloric acid, liquid caustic soda, yellow phosphorus, and calcium carbide fell in different ranges, while the prices of sulfuric acid, nitric acid, soda ash, and sulfur increased. The 26 kinds of inorganic chemical raw materials tracked were each half of the increase and decrease in price.
Fertilizer market prices continue to fall. The average price of urea was 1,750 yuan/ton, a decrease of 2.8% from the previous month and a year-on-year decrease of 4.4%. Ammonium bicarbonate was RMB 500/ton, a month-on-month decrease of 3.8%, which was flat year-on-year. DAP was slightly increased, and the price was 2550 yuan. / Ton, up 0.8% qoq, up 9.7% year-on-year; domestic potassium chloride 1800 yuan/ton, down 6.3% qoq and up 7.1% year-on-year.
Synthetic resin prices generally declined. In November, the domestic price of PVC was 7,175 yuan/ton, up by 1.1% month-on-month and down by 20.3% year-on-year. Prices of low-pressure polyethylene, high-pressure polyethylene, polystyrene, polypropylene, and ABS resin decreased by 2.2%, 0.9%, 16.8%, 9.7%, and 3.6% respectively compared to the previous month. In the same period, the prices also fell in different ranges.
The price of natural rubber rose significantly. In November, natural rubber No. 1 rose from 13,500 yuan/ton last month to 15,000 yuan/ton, up by 11.1% from the previous month and up by 15.4% year-on-year; natural rubber No. 3 was 15,500 yuan/ton, up by 6.2% from the previous month. , up 11.5% year-on-year. Synthetic rubber was affected by the fall in the price of crude oil, and prices generally declined. The price of styrene-butadiene rubber was 14,600 yuan/ton, which was 1% lower than the previous period and 0.7% year-on-year; the price of butadiene-butadiene rubber was 15,700 yuan/ton, which was a decrease of 1.9% from the previous period and an increase of 5.4% year-on-year.
Among the 64 types of petroleum and chemical products that were tracked in November, there were 57 types of production, which accounted for 89.1% of the increase, and 7 types of production, which accounted for 10.9% of the year-on-year decline. Among the 144 kinds of petroleum and chemical products that were tracked, there were 50 kinds of ring prices which accounted for 34.7% of the price increase, 83 kinds of prices dropped, which accounted for 57.6%, and 67 kinds of which accounted for year-on-year prices, accounting for 46.5%. There are 57 kinds of declines, accounting for 39.6%.
In November, the country’s oil and chemical production remained in good conditions. The specific characteristics are as follows:
Crude oil production rose slightly, and natural gas production rose strongly. In November, the production of crude oil was 14.804 million tons, an increase of 2.4% year-on-year; natural gas production reached 4.75 billion cubic meters, an increase of 35.4% year-on-year, which was the highest monthly increase since the beginning of the year. From January to November, the cumulative production of crude oil was 166 million tons, an increase of 4.1% year-on-year; the amount of crude oil processed reached 261 million tons, a year-on-year increase of 7.0%.
Refined oil production remains stable. In November, a total of 14.87 million tons of refined oil was produced, a year-on-year increase of 6.8%. Among them, 4.662 million tons of gasoline, an increase of 4.5%; diesel 9.395 million tons, an increase of 9.6%, the ratio of diesel to diesel 2.02.
Fertilizer production is relatively flat. In November, the output of chemical fertilizers (refine, the same below) was 4.056 million tons, a year-on-year increase of 7.5%. Among them, nitrogen fertilizer was 3.044 million tons, and high-concentration nitrogen fertilizer urea production was 1.729 million tons, an increase of 9.5% and 6.3% year-on-year; phosphate fertilizer production was 873,000 tons and ammonium phosphate fertilizer was 767,000 tons. , year-on-year increase of 5.6% and 15.2% respectively.
Pesticide production is accelerating. The original drug production in November was 86,000 tons, an increase of 32.5% over the same period of last year. Among them, the output of pesticides and herbicides was 30000 tons and 25000 tons, respectively, an increase of 20.5% and 34.7% respectively. Product structure adjustment achieved remarkable results. From January to November, the proportion of pesticides in pesticides had dropped to 41.0%, which was a drop of 3 percentage points from the same period of last year.
The production of inorganic chemical products continued to grow rapidly. 'Two alkalis' continued to increase due to new production capacity. Production of soda ash was 1.291 million tons, an increase of 18.0% year-on-year; production of caustic soda reached 1,092,000 tons, a year-on-year increase of 20.5%. Of which 342,000 tons of ion-exchange membrane caustic soda, accounting for 31.3% of the total output of caustic soda, an increase of 33.5%.
The production of organic chemical products grew rapidly, especially the production of ethylene and methanol rose by leaps and bounds. In November, ethylene production was 682,000 tons, a year-on-year increase of 21.8%; methanol production was 466,000 tons, a year-on-year increase of 24.3%.
The output of the three major synthetic materials showed a steady and rapid growth. In the same month, the output of synthetic resin was 1.667 million tons, a year-on-year increase of 18.9%. Among them, PVC and PE produced 578,000 tons and 475,000 tons, respectively, which were 24.2% and 22.6% year-on-year respectively. The output of synthetic rubber was 149,000 tons, a year-on-year increase of 19.5%. Synthetic fiber production was 1.314 million tons, a year-on-year increase of 17.9%.
The production of rubber products maintained rapid growth. In November, the tire production was 29.543 million, an increase of 34.9% year-on-year, of which the production of radial tires was 12.793 million, an increase of 30.5% year-on-year, and the growth rate slowed down. At the same time, the production of rubber shoes grew strongly and the output reached 135.736 million pairs, a year-on-year increase of 57.5%.
In November, the prices of petroleum and chemical products in the country generally declined. Among the 139 chemical products tracked, the price dropped by more than half, reaching 79 species, accounting for 56.8%; the increase of 50 species, accounting for 36%; the flatness of 10 species, accounting for 7.2%. Compared with the same period of last year, there were 62 kinds of rises, accounting for 44.6%; there were 57 kinds of drop, accounting for 41%. The specific features are as follows:
The price of oil has been weakening along with the fall in international oil prices. In November, the average market price of unleaded petrol at 90# was 5,329 yuan/ton, down by 0.8% month-on-month and 39.1% year-on-year; the average price of diesel oil at 0# was 4,824 yuan/ton, up 0.5% month-on-month and 42% year-on-year. 4%.
The price of organic chemical raw materials has declined. Of the 62 organic chemical products that were tracked, prices fell by 56.5% month-on-month, and prices of some important organic chemical materials such as propylene, butadiene, naphthalene, and toluene all dropped. Compared with the same period of last year, the year-on-year decline was also Nearly half, which directly led to a decline in the efficiency of the organic chemical manufacturing industry.
Inorganic chemical products have become more volatile. The prices of hydrochloric acid, liquid caustic soda, yellow phosphorus, and calcium carbide fell in different ranges, while the prices of sulfuric acid, nitric acid, soda ash, and sulfur increased. The 26 kinds of inorganic chemical raw materials tracked were each half of the increase and decrease in price.
Fertilizer market prices continue to fall. The average price of urea was 1,750 yuan/ton, a decrease of 2.8% from the previous month and a year-on-year decrease of 4.4%. Ammonium bicarbonate was RMB 500/ton, a month-on-month decrease of 3.8%, which was flat year-on-year. DAP was slightly increased, and the price was 2550 yuan. / Ton, up 0.8% qoq, up 9.7% year-on-year; domestic potassium chloride 1800 yuan/ton, down 6.3% qoq and up 7.1% year-on-year.
Synthetic resin prices generally declined. In November, the domestic price of PVC was 7,175 yuan/ton, up by 1.1% month-on-month and down by 20.3% year-on-year. Prices of low-pressure polyethylene, high-pressure polyethylene, polystyrene, polypropylene, and ABS resin decreased by 2.2%, 0.9%, 16.8%, 9.7%, and 3.6% respectively compared to the previous month. In the same period, the prices also fell in different ranges.
The price of natural rubber rose significantly. In November, natural rubber No. 1 rose from 13,500 yuan/ton last month to 15,000 yuan/ton, up by 11.1% from the previous month and up by 15.4% year-on-year; natural rubber No. 3 was 15,500 yuan/ton, up by 6.2% from the previous month. , up 11.5% year-on-year. Synthetic rubber was affected by the fall in the price of crude oil, and prices generally declined. The price of styrene-butadiene rubber was 14,600 yuan/ton, which was 1% lower than the previous period and 0.7% year-on-year; the price of butadiene-butadiene rubber was 15,700 yuan/ton, which was a decrease of 1.9% from the previous period and an increase of 5.4% year-on-year.