In the First Half of the Year, the Manufacturing Price of Chemical Raw Materials and Products Increased by 16.3% Year-on-year

According to the data released by the National Bureau of Statistics on July 9, in June, the national ex-factory price of industrial producers rose by 6.1% year-on-year, which was flat month-on-month; the purchase price of industrial producers increased by 8.5% year-on-year and 0.2% month-on-month.

Data show that in June, the purchase price of chemical raw materials rose 0.7% month-on-month and 11.2% year-on-year. The ex-factory prices of chemical raw materials and chemical products manufacturing increased by 0.4% month-on-month and 13.8% year-on-year.

From a month-on-month perspective, changes in international crude oil prices drove up prices in related domestic industries. Among them, the prices of oil and natural gas extraction industries rose by 7.0%, the prices of petroleum, coal and other fuel processing industries rose by 3.6%, and the prices of chemical fiber manufacturing industries rose by 2.2%. The demand for coal preparation in the "peak season" increased, and the price of coal mining and washing industry rose by 0.8%. Affected by factors such as the slowdown in investment growth, the demand in steel, cement and other industries was relatively weak, the price of ferrous metal smelting and rolling processing industry fell by 3.1%, and the price of non-metallic mineral products industry fell by 1.5%. In addition, the prices of agricultural and sideline food processing industries increased by 1.0%, the prices of textile, clothing and apparel industries increased by 0.6%, and the prices of electrical machinery and equipment manufacturing industries increased by 0.5%; the prices of non-ferrous metal smelting and rolling processing industries decreased by 2.1%.

From a year-on-year perspective, among the 40 major industrial sectors surveyed, 37 saw price increases, the same as last month. Among the major industries, the price increases expanded: the oil and natural gas extraction industry increased by 54.4%, an increase of 6.6 percentage points; the agricultural and sideline food processing industry increased by 5.6%, an increase of 1.9 percentage points; the petroleum, coal and other fuel processing industry increased by 34.7%, an increase of 1.9 percentage points. 0.7 percentage points. The price increases fell: coal mining and washing industry rose 31.4%, a drop of 5.8 percentage points; non-ferrous metal smelting and rolling processing industry rose 8.2%, a drop of 2.2 percentage points; gas production and supply industry rose 21.8%, a drop of 0.2 percentage points . The price of ferrous metal smelting and rolling processing industry decreased by 3.7%, a decrease of 2.4 percentage points higher than that of the previous month.

In the first half of the year, the ex-factory price of industrial producers increased by 7.7% over the same period of last year, and the purchase price of industrial producers increased by 10.4%. Among them, the purchase price of chemical raw materials increased by 13.4% year-on-year, and the ex-factory price of chemical raw materials and chemical products manufacturing industry increased by 16.3% year-on-year.