Manufacturing prices of chemical raw materials and products fell 1.1% month-on-month in January

Data released by the National Bureau of Statistics on February 2 showed that in January 10, the ex-factory price of industrial producers in the country fell by 2023.1% year-on-year and 0.8% month-on-month; Industrial producer purchase prices rose 0.4% year-on-year and decreased 0.1% month-on-month.

In January, affected by the fluctuation of international crude oil prices and the decline in domestic coal prices, the overall price of industrial products continued to decline.

From a month-on-month perspective, import factors affected the price of domestic oil-related industries, of which the price of oil and gas extraction industry fell by 5.5%, the price of petroleum, coal and other fuel processing industry fell by 3.2%, and the price of chemical raw materials and chemical products manufacturing fell by 1.3%. Coal supply continued to make efforts, and the price of coal mining and washing industry turned from a 0.8% increase in the previous month to a decrease of 0.5%.

From a year-on-year perspective, the price of chemical raw materials and chemical products manufacturing fell by 5.1%, the same rate of decline as last month; The price of oil, coal and other fuel processing industries rose by 6.2%, down 3.9 percentage points; the price of oil and gas extraction rose by 5.3%, down 9.1 percentage points; and the price of coal mining and washing industry increased by 2.7% from a 0.4% decline in the previous month.