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Ex-factory prices of chemical raw materials and products fell 6% year-on-year in October

Views:11     Author:Site Editor     Publish Time: 2020-11-19      Origin:Site

Ex-factory prices of chemical raw materials and products fell 6% year-on-year in October

On November 10, data released by the National Bureau of Statistics showed that in October 2020, the national factory prices for industrial producers fell by 2.1% year-on-year, and remained the same month-on-month; the purchasing prices for industrial producers fell 2.4% year-on-year and rose 0.2% month-on-month. Among them, the ex-factory prices of chemical raw materials and chemical products manufacturing industry fell by 6% year-on-year and rose by 1.1% year-on-year.


With the continuous recovery of domestic industrial production, industrial production prices remained stable in October. From a month-on-month perspective, PPI changed from a slight increase last month to flat. Among them, the price of means of production rose by 0.1%, and the rate of increase fell by 0.1 percentage point; the price of means of living fell by 0.1%, the rate of decrease was the same as last month. Looking at the 40 industrial categories surveyed, 12 saw price increases, 3 less than the previous month; 18 declined, 1 decreased, and 10 remained unchanged, 4 increased. Among them, due to the decline in northern temperatures, heating demand has gradually increased. The prices of coal mining and washing, gas production and supply industries have increased by 2.1% and 0.4% respectively; the prices of chemical raw materials and chemical products manufacturing have increased by 1.1%, and the prices of chemical fiber manufacturing Prices rose by 1.0%, textile, paper and paper products, and non-metallic mineral products all rose by 0.3%. Affected by the volatility of international crude oil prices, the prices of petroleum and natural gas extraction industries fell by 4.9%, and the prices of petroleum, coal and other fuel processing industries fell by 1.6%. In addition, the prices of non-ferrous metal smelting and rolling processing industry, ferrous metal smelting and rolling processing industry fell 0.3% and 0.1% respectively.


From a year-on-year perspective, PPI fell by 2.1%, the same rate as last month. Among them, the price of means of production fell by 2.7%, and the rate of decline narrowed by 0.1 percentage point; the price of means of subsistence fell by 0.5%, and the rate of decline expanded by 0.4 percentage point. Among the major industries, coal mining and washing industries, which decreased by 5.5%, decreased by 2.0 percentage points, and the gas production and supply industries, decreased by 5.4%, or 0.1 percentage points. The oil and natural gas mining industry, which dropped by 30.4%, expanded by 4.2 percentage points; the oil, coal and other fuel processing industries, fell by 18.5%, and expanded by 1.6 percentage points. In addition, the price of non-ferrous metal smelting and rolling processing industry rose by 2.9


  In the purchase price of industrial producers, the price of fuel and power dropped by 9.9% year-on-year and 0.3% month-on-month; the price of chemical raw materials dropped by 7.0% year-on-year and increased by 0.9% month-on-month.


   On average from January to October, the ex-factory price of industrial producers fell by 2.0% over the same period last year, and the purchase price of industrial producers fell by 2.6%.


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