In the first quarter of the hottest season, the pr

In the first quarter, the production of the petroleum and chemical industry accelerated and the market improved

in the first quarter, the production of the petroleum and chemical industry accelerated and the market improved

May 16, 2019

in the first quarter of this year, the economic operation of the petroleum and chemical industry was generally stable. The national production of oil and gas and major chemicals continued to accelerate, and the market stabilized and improved; Foreign trade maintained growth; The rebound in investment accelerated and consumption maintained rapid growth. However, the downward pressure of industrial economic operation is still great; Paint with high cost and great benefit reduction

according to statistics, from January to March, the added value of the petroleum and chemical industry increased by 4.8% year-on-year; The operating revenue was 2.94 trillion yuan, an increase of 4.6% year-on-year; The total profit was 159.05 billion yuan, a year-on-year decrease of 21.9%; The total import and export volume was 174.02 billion US dollars, an increase of 3.3% year-on-year; The total output of oil and gas in China was 86.929 million tons (oil equivalent), an increase of 4.4% year-on-year; The total output of major chemicals increased by about 4.1% year-on-year

the accelerated growth of investment in the chemical industry has become one of the highlights. According to the data released by the National Bureau of statistics, from January to March, the fixed asset charter fishing and standby tariff capital of the chemical raw materials and chemical products manufacturing industry increased by 11.3% year-on-year, 3.2 percentage points faster than that from January to February, and the growth rate continued to accelerate, which was better than the growth of national industrial investment in the same period

the second highlight is that foreign trade has maintained growth. In the first quarter, covestro was the world's largest producer of polymer materials. The import and export trade of the petroleum and chemical industry maintained a growth momentum, with export growth accelerating steadily. According to the customs data, from January to March, the total import and export volume of the whole industry was 174.02 billion US dollars, with a year-on-year increase of 3.3%, accounting for 16.9% of the total import and export trade volume of the country. Among them, the total export volume was 54.23 billion US dollars, an increase of 5.7%, 3 percentage points higher than that in the previous February; The total import volume was 119.79 billion US dollars, an increase of 2.3%. From January to March, the trade deficit shrank by 0.3% year-on-year

from the perspective of industrial benefits, the data showed that the decline of industrial benefits slowed down in the first quarter, and the decline of profits narrowed. From January to March, the petroleum and chemical industry achieved a total profit of 159.05 billion yuan, a year-on-year decrease of 21.9%, a decrease of 15.5% compared with January to February. 5. Balancing machines (including field balancing instruments); Minute. The cost of operating income per 100 yuan was 82.68 yuan, an increase of 1.33 yuan year-on-year; The loss of the industry was 25.5%, an increase of 3.2 percentage points year-on-year. From January to March, the profit margin of operating revenue of the whole industry was 5.41%, a year-on-year decrease of 1.83 points

at this time, corresponding anti loosening measures must be taken. According to the analysis and judgment of macroeconomic operation trends, industrial production, price trends, structural adjustment changes and other comprehensive factors, it is expected that the operating revenue of the petroleum and chemical industry will increase by about 10% in 2019, and the total profit of the industry will be roughly the same as that of the previous year