Prices of chemical raw materials and products rose 1% year-on-year and decreased 1.5% month-on-month in September

According to the PPI (Industrial Producer Ex-factory Price Index) data released by the National Bureau of Statistics on the 14th, in September 2022, the ex-factory price of industrial producers nationwide increased by 0.
9% year-on-year and decreased by 0.
1%
month-on-month.
Among them, the price of chemical raw materials and chemical products manufacturing increased by 1.
0% year-on-year and decreased by 1.
5%
month-on-month.

On a month-on-month basis, PPI fell by 0.
1%, a decline of 1.
1 percentage points
from the previous month.
Among them, the price of means of production decreased by 0.
2%, narrowing by 1.
4 percentage points; the price of means of living turned from a decrease of 0.
1% to an increase of 0.
1%.

The decline in international crude oil prices led to a decline in domestic related industry prices, including oil and gas extraction prices fell by 3.
8%, chemical raw materials and chemical products manufacturing prices fell by 1.
5%, chemical fiber manufacturing prices decreased by 0.
4%, and petroleum, coal and other fuel processing industry prices fell by 0.
1%.

Infrastructure investment projects have been gradually implemented, demand for metals, cement and other related industries has rebounded, and the rate of price decline has narrowed
.
The price of ferrous metal smelting and rolling processing industry decreased by 1.
7%, narrowing by 2.
4 percentage points; the price of non-ferrous metal smelting and rolling processing industry decreased by 0.
1%, a decrease of 1.
9 percentage points; the price of non-metallic mineral products fell by 0.
4%, a decrease of 0.
6 percentage points
.
Demand for coal storage increased, and prices in the coal mining and washing industry increased by 0.
5% from a decrease of 4.
3%.

In addition, the price of agricultural and sideline food processing industry increased by 0.
8% from a decrease of 0.
2%.
The price of electricity and heat production and supply rose by 1.
3%, an increase of 1.
0 percentage points
.

On a year-on-year basis, PPI rose 0.
9%, down 1.
4 percentage points
from the previous month.
Among them, the price of means of production rose by 0.
6%, down 1.
8 percentage points; the price of means of living rose by 1.
8%, an increase of 0.
2 percentage points
.
Of the 40 industrial sectors surveyed, prices rose in 30, down two from the previous month
.
Among the major industries, the price increase fell as follows: petroleum, coal and other fuel processing industry rose 17.
2%, down 4.
1 percentage points; oil and gas extraction rose 31.
1%, down 3.
9 percentage points; chemical raw materials and chemical products manufacturing rose 1.
0%, down 3.
5 percentage points
.
Prices turned from rising to falling: coal mining and washing industry increased from 8.
6% to 2.
7%, and non-metallic mineral products industry increased from 1.
4% to decreased by 1.
8%.

The price decline increased by 18.
0% in the ferrous metal smelting and rolling processing industry, and by 4.
4% in the non-ferrous metal smelting and rolling processing industry, both by 2.
9 percentage points
.
The increase in prices included: the electric power and heat production and supply industry rose by 10.
1%, and the agricultural and sideline food processing industry rose by 7.
4%, both of which increased by 0.
9 percentage points
.

In September, industrial producer purchase prices rose 2.
6% year-on-year and fell 0.
5%
month-on-month.
Among them, the price of fuel and power increased by 14.
3% year-on-year and decreased by 0.
6% month-on-month; The price of chemical raw materials increased by 1.
6% year-on-year and decreased by 1.
7%
month-on-month.