In October, the economic operation of the petroleum and chemical industries continued to slow down and stabilize. National oil and gas and major chemical production remained stable, consumption growth accelerated; industry investment grew rapidly, and foreign trade was basically stable; overall benefits were stable, business environment continued to improve, and economic growth structure was optimized. However, the downward pressure on the economic operation of the industry is still large, the market is fragmented, the shocks continue, the cost is running at a high level, the import pressure of petrochemical products is increasing, and the uncertainties and uncertainties in the external environment are still many.

I. Completion of main economic indicators

According to statistics, from January to October, the added value of the petroleum and chemical industry increased by 4.2% year-on-year; operating income was 9.96 trillion yuan, an increase of 0.7%, and total profit was 58.10.4 billion yuan, a decrease of 19.4%; total import and export value was 594.04 billion US dollars, a decrease of 2.7% The national total crude oil and natural gas output was 287 million tons (oil equivalent), an increase of 4.6%; the total output of major chemicals increased by approximately 4.1%.

一 (1) The value-added is steady and faster, and the operating income is basically stable

According to the National Bureau of Statistics, as of the end of October, there were 26,122 companies above the designated size in the petroleum and chemical industry, with a cumulative increase of 4.2% year-on-year, an increase of 0.1 percentage point from the previous nine months, but lower than the increase in the value-added of large-scale industries in the same period. 1.4 percentage points. Among them, the added value of the chemical industry increased by 4.1%, a decrease of 0.1 percentage point from the previous nine months; the oil and gas extraction industry increased by 6.8%, a slowdown of 0.3 percentage points; the refining industry increased by 3.5%, an acceleration of 0.4 percentage points.

From January to October, the operating income of the petroleum and chemical industry was 9.96 trillion yuan, a year-on-year increase of 0.7%, which was 0.4 percentage point slower than that of January to September, and accounted for 11.6% of the national scale industrial operating income.

Among them, the operating income of the chemical industry was 5.65 trillion yuan, a year-on-year decrease of 0.8%, which was 0.4 percentage point larger than the previous nine months; the operating income of the refining industry was 3.24 trillion yuan, an increase of 2.1%, and the growth rate was accelerated by 0.1 percentage point; oil and natural gas The operating income of the mining industry was 888.58 billion yuan, an increase of 4.1% and a slowdown of 1.8 percentage points.

In the chemical industry, the operating income of special chemicals, coatings (pigments), pesticides, chemical mining and dressing, and rubber products has continued to grow, with growth rates of 1.1%, 1.4%, 7.1%, 2.2%, and 1.4%, respectively. The operating income of raw materials and synthetic materials manufacturing decreased by 2.8% and 0.3% respectively; the operating income of fertilizer and coal chemical products manufacturing decreased by 5.3% and 2.9% respectively.

(II) Overall stable production of oil, gas and major chemicals

From January to October, the total output of crude oil and natural gas nationwide was 287 million tons (oil equivalent), a year-on-year increase of 4.6%, a 0.1 percentage point slower than that of January to September; the total output of major chemicals increased by approximately 4.1%, and also slowed by 0.1 percentage point.

稳定 Stable production of crude oil and natural gas. In October, the national crude oil output was 16.113 million tons, flat year-on-year, and the growth rate dropped from the previous month; the natural gas output was 14.56 billion cubic meters, an increase of 8.2%, a drop of 2.4 percentage points; the liquefied natural gas output was 1.074 million tons, an increase of 3.9% year-on-year. During the month, the national crude oil processing capacity was 57.835 million tons, an increase of 9.2% year-on-year, and the output of refined oil products (total of gasoline, coal, and diesel, hereinafter the same) was 31.982 million tons, an increase of 3.2%. Among them, the output of diesel was 14.744 million tons, an increase of 0.3%; the output of gasoline was 12.517 million tons, an increase of 1.3%; the output of kerosene was 4.712 million tons, an increase of 19.8%.

The production of key chemicals is generally stable. In October, the national ethylene output was 1.736 million tons, an increase of 4.2% year-on-year; the pure benzene output was 742,000 tons, a decrease of 3.6%; the methanol output was 4.04 million tons, a decrease of 6.7%; the coating output was 2.356 million tons, an increase of 10.4%; the chemical reagent output was 207.1 The output of sulfuric acid was 7.425 million tons, down by 2.9%; the output of caustic soda was 2.835 million tons, down by 3.2%; the output of calcium carbide was 2.215 million tons, down by 9.3%; the output of polysilicon was 39,000 tons, up by 46.6%; the output of synthetic resin 8.229 million tons, an increase of 7.4%; the output of synthetic fibers (polymer) was 6.371 million tons, an increase of 16%. In addition, the production of tire tyres produced 71.289 million, an increase of 3.4%.

产量 Agrochemical production has declined. In October, the national fertilizer production (percent pure, hereinafter the same) was 4.665 million tons, a year-on-year decrease of 5.1%, and an increase of 2.6% last month. Among them, the output of nitrogen fertilizer was 2.868 million tons, down by 2.9%; the output of phosphate fertilizer was 1.021 million tons, down by 7.6%; the output of potassium fertilizer was 728,000 tons, down by 5.8%. In that month, the output of pesticides (100%) was 160,000 tons, a year-on-year decrease of 9.4%, of which the output of herbicides (original drugs) was 69,000 tons, a decrease of 21.2%. In addition, the output of agricultural films was 71,000 tons, a year-on-year decrease of 10%.

三 (III) Oil and gas consumption maintained rapid growth, major chemicals rebounded

From January to October, China ’s total apparent consumption of crude oil and natural gas was 796 million tons (oil equivalent), a year-on-year increase of 8.2%, the growth rate was the same as that of January to September; the total apparent consumption of major chemicals increased by about 4.5% year-on-year. Speed up by 0.1 percentage point.

The growth of crude oil consumption has accelerated and natural gas has slowed. From January to October, the apparent domestic consumption of crude oil was 573 million tons, an increase of 8% year-on-year, and the growth rate was 0.5 percentage points faster than that from January to September. The external dependence was 72.2%; apparent consumption of natural gas was 247.69 billion cubic meters, an increase of 8.8 %, A drop of 1 percentage point, accounting for 28% of the total crude oil and natural gas apparent consumption equivalent, 42.6% of external dependence. From January to October, the apparent domestic consumption of refined oil products was 258 million tons, a year-on-year decrease of 2.7%. Among them, the apparent consumption of diesel was 120 million tons, a decrease of 6.8%; the apparent consumption of gasoline was 105 million tons, an increase of 0.3%; the apparent consumption of kerosene was 32.704 million tons, an increase of 3.9%.

Consumption growth of basic chemical raw materials was generally stable, and synthetic materials accelerated. 

增长 Fertilizer consumption growth has accelerated. From January to October, the nation ’s apparent consumption of chemical fertilizers (equivalent to pure, hereinafter the same) was 44.007 million tons, a year-on-year increase of 5.4%, an increase of 1.5 percentage points from the previous nine months. Among them, the apparent consumption of nitrogen fertilizer was 26.388 million tons, an increase of 3%; the apparent consumption of phosphate fertilizer was 6.298 million tons, a decrease of 3.6%; the apparent consumption of potassium fertilizer was 10.631 million tons, an increase of 18.1%; the apparent amount of diammonium phosphate (physical amount) Consumption was 7.196 million tons, an increase of 10.1%.

(4) Slowdown in investment growth in the chemical industry

According to the National Bureau of Statistics, from January to October, investment in fixed assets for the manufacture of chemical raw materials and chemical products increased by 6.6% year-on-year, a decrease of 1 percentage point from January to September. In comparison, it is still a relatively rapid growth rate. During the same period, the national industrial investment increased by 3.5%, 0.3 percentage points faster than the previous nine months. The growth rate of investment in the chemical industry is still ahead of the national average level of industrial investment.