In the first half of the year, the import and export prices of Minmetals and chemical products increased by 20%

In the first half of the year, thanks to China's efficient coordination of epidemic prevention and control and economic and social development, the total import and export volume of China's Minmetals and Chemicals industry achieved double-digit growth year-on-year

Data show that from January to June, the total import and export volume of China's Minmetals and Chemicals industry was US$993.

Export prices rose 24% year-on-year

Chemical products and hardware and building materials were the main products exported by China's Minmetals and Chemical Industry in the first half of the year

"In the first half of the year, affected by geopolitical factors such as the Ukraine crisis, international oil prices and raw material commodity prices rose sharply, and the export prices of China's Minmetals and Chemicals industry also rose sharply

Steel, refined oil, unwrought aluminum and aluminum products, and new pneumatic rubber tires, the top four export commodities of the Minmetals and Chemical industries, all saw their export prices rise sharply in the first half of the year

Among the major export markets, China's Minmetals & Chemicals industry achieved substantial growth in exports to the United States, South Korea, India, Vietnam and Japan in the first half of the year

Prices of imported products rose by 22.

Chemical products and mineral products are the main products imported by China's Minmetals and Chemical Industry in the first half of the year

"In the first half of the year, affected by the sharp rise in international oil prices, the import prices of China's Minmetals and Chemicals industry rose sharply
.
" Jiang Hui said that from January to June, the import prices of China's Minmetals and Chemicals industry increased by 22.
7% year-on-year
.

Among the imported commodities of the Minmetals and Chemical Industry, the import prices of crude oil, copper ore and liquefied natural gas rose
.
From January to June, the import value of crude oil increased by 53.
2% year-on-year, and the average unit price increased by 58.
1% year-on-year; the import value of copper ore sand increased by 14.
3% year-on-year, and the average unit price increased by 5.
2% year-on-year; the import value of liquefied natural gas increased by 51.
1% year-on-year, and the average unit price increased year-on-year 90.
3%
.

Australia, Saudi Arabia, South Korea and Indonesia were the main import markets for China's Minmetals and Chemicals industry in the first half of the year
.
"Affected by the slump in iron ore prices, China's Minmetals and Chemicals industry's imports from Australia declined against the trend
.
Affected by soaring oil prices, China's Minmetals and Chemicals industry's imports from Saudi Arabia increased significantly
.
Due to other oils obtained from the distillation of high-temperature coal tar, etc.
The import value of products and similar products from South Korea has plummeted, and China's Minmetals and Chemicals industry's imports from South Korea have bucked the trend
.
In addition, due to the sharp rise in resource commodity prices, China's Minmetals and Chemicals industry's imports from Indonesia have increased significantly
.
" Jiang Hui said.

.
(Reporter Liu Yelin)

From: International Business Daily