October Petroleum and Chemical Operation Report Released

[China Epoxy Network (China Epoxy Industry Online)November 25, 2010: The economic operation of the petroleum and chemical industry continued to maintain a good momentum in October, economic growth accelerated significantly, and overall market supply and demand Stable, price increases expanded, and industry imports and exports and investment remained stable.
However, the prices of energy and raw materials have risen too fast, and the cost pressure of enterprises has continued to increase; due to the continued depreciation of the US dollar, world trade protectionism has shown an intensified trend, and the export of the industry is facing a more complicated situation.
According to experts from China Epoxy Net/China Epoxy Industry Online ( economic growth has accelerated significantly: Driven by the strong rise in energy and raw material prices, the economic growth of the petroleum and chemical industry has accelerated significantly in October situation.
Major products maintained a large growth rate: The output of energy, organic, specialty chemicals and other products increased significantly in October.
The increase in industry prices has expanded, and the rate of production and sales has declined: The price increase in the petroleum and chemical industries expanded in October, especially in the oil processing industry.
Export growth slowed down: The domestic export delivery value in October was 40.
09 billion yuan, an increase of 19% year-on-year, and the growth rate was 2.
8 percentage points lower than the previous month, which was the lowest growth rate of the year.
Investment growth has remained stable: Since the second half of the year, the growth of fixed asset investment in the petroleum and chemical industries has been basically stable.
From January to October, the total investment of the entire industry was 889.
471 billion yuan, an increase of 15.
5% year-on-year, and the growth rate accelerated by 4.
7 percentage points year-on-year, compared with January-September Speed ​​up by 0.
6 percentage point.
In the first 10 months of the chemical industry, investment in sub-sectors such as chemical mining and dressing, specialty chemicals, rubber products and synthetic material manufacturing increased rapidly.
Among them, chemical mining and dressing increased by 56.
2%; the special chemicals and rubber products industries both increased by 33.
8%, and the synthetic materials industry increased by 30.
5%.
Among the investment, basic chemical raw materials and specialty chemicals accounted for 30.
73% and 23.
25% of the total investment in the chemical industry, respectively.
In the investment of basic chemical raw materials, organic chemical raw materials account for about 47.
5%.

(Our reporter Ye Hui)

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E- .