-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Financial overview of the petroleum and petrochemical industry's 2021 annual report and 2022 quarterly report
The petroleum and petrochemical industry is in a boom period
in 2021 and the first quarter of 2022.
In 2021, the petroleum and petrochemical industry will achieve a net profit attributable to the parent of 49.
24 billion yuan, a year-on-year increase of 61.
2%, and a gross profit margin of 15.
6%, a year-on-year increase of 1.
7pct
.
In the first quarter of 2022, the net profit attributable to the parent was 14.
98 billion yuan, down 0.
4% year-on-year, and the gross profit margin was 14.
6%, down 0.
8pct year-on-year and 0.
7pct
month-on-month.
In 2021, petroleum and petrochemicals maintained a high degree of prosperity, economic recovery drove downstream demand recovery, product prices generally increased, and most enterprises achieved double growth
in revenue and net profit.
In the first quarter of 2022, the Russia-Ukraine conflict further pushed up oil prices, some companies increased their costs, and the profitability of industry companies diverged
.
In the first quarter of 2022, the overall construction projects in the petroleum and petrochemical sector reached 205.
08 billion yuan, a year-on-year increase of 35.
1%.
In terms of oil and gas prices, the average price of WTI/Brent crude oil in the first quarter of 2022 was 94.
5/97.
7 US dollars / barrel, an increase of 63.
4%/59.
8%
year-on-year.
Since 2022, the supply side of crude oil has been tight, OPEC production has been slow, US crude oil production is still below the pre-epidemic level, and Russia may face further sanctions
.
In the short term, the imbalance between supply and demand of crude oil is difficult to ease in the short term, and crude oil prices may continue to be at a high level
in 2022.
Risk warning: the risk of repeated epidemics, intensified competitive landscape, and the risk
of price decline.
