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Home > News > ECHEMI Focus > In April, the Prices of Chemical Raw Materials and Products Increased by 14.9% Year-on-year and 1.4% Month-on-month.

In April, the Prices of Chemical Raw Materials and Products Increased by 14.9% Year-on-year and 1.4% Month-on-month.

ECHEMI 2022-05-11

According to the national PPI (Industrial Producer Price Index) data for April 2022 released by the National Bureau of Statistics on May 11, in April, the national industrial producer price rose by 8.0% year-on-year and 0.6% month-on-month; Prices rose 10.8% year-on-year and 1.3% month-on-month.

 

In April, the manufacturing prices of chemical raw materials and chemical products increased by 14.9% year-on-year and 1.4% month-on-month.

 

On a month-on-month basis, the international crude oil, non-ferrous metals and other commodity prices fluctuated at a high level, while the price increases in domestic related industries fell back. Among them, the prices of petroleum, coal and other fuel processing industries increased by 3.5%, and the increase rate dropped by 4.4 percentage points; the prices of chemical raw materials and chemical products manufacturing industry increased by 1.4%, and the increase rate decreased by 0.4 percentage points; the prices of oil and natural gas extraction industries increased by 1.2%, and the increase rate decreased by 12.9%. percent. The price of non-ferrous metal smelting and rolling processing industry rose by 0.8%, and the increase fell by 1.9 percentage points. Affected by factors such as rising prices of raw materials such as iron ore and coke, the prices of ferrous metal smelting and rolling processing industries rose by 1.8%. In addition, the price of coal mining and washing industry increased by 2.5%, the price of agricultural and sideline food processing industry increased by 1.1%; the price of non-metallic mineral products industry decreased by 0.5%.

 

From a year-on-year perspective, the effect of the policy of ensuring supply and stabilizing prices continued to show. Among the 40 major industrial sectors surveyed, 22 saw their price increases fall, an increase of 1 from the previous month. Among them, coal mining and washing industry rose by 53.4%, down 0.5 percentage points; non-ferrous metal smelting and rolling processing industry rose by 16.8%, down 1.5 percentage points; chemical raw materials and chemical products manufacturing industry rose 14.9%, down 0.8 percentage points; The metal mineral products industry rose 6.6%, down 1.6 percentage points; the ferrous metal smelting and rolling processing industry rose 5.6%, down 3.8 percentage points. There were 9 expansions in price increases, 3 less than the previous month. Among them, the oil and natural gas extraction industry rose by 48.5%, an increase of 1.1 percentage points; the petroleum, coal and other fuel processing industry rose by 38.7%, an increase of 5.9 percentage points; the gas production and supply industry rose by 20.7%, an increase of 4.4 percentage points; Industrials rose 2.6 percent, up 1.9 percentage points.

 

Among the purchasing prices of industrial producers, in April, the price of fuel and power rose by 34.8% year-on-year and 3.5% month-on-month; the price of chemical raw materials increased by 11.7% year-on-year and 1.2% month-on-month.

 

On average from January to April, the ex-factory price of industrial producers rose by 8.5% over the same period of last year, and the purchase price of industrial producers rose by 11.2%.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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