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In this regard, Zhao Jungui, vice president of the China Petroleum and Chemical Industry Association, believes that as the central government's package of plans to cope with the international financial crisis and related industrial policies have become increasingly effective, the downward trend of economic growth in the industry has been effectively curbed, and economic operations have rebounded. Obviously accelerated. At the same time, as the recovery of the world economy will be a slow and turbulent process, the foundation for industrial recovery is still not stable, and the development of China's petrochemical industry is still at a critical stage of growth.
Zhao Jungui believes that China's current petrochemical industry should make adjustments to the industrial structure as the key to maintaining growth, resolutely prevent blind investment and redundant construction, speed up the elimination of backward production capacity, prevent the formation of new excess production capacity, and further improve independent innovation capabilities to explore the industrial alliance. The new organizational form of technological innovation will accelerate the industrialization of scientific and technological achievements and foster new economic growth points for the industry. At the same time, it must actively respond to international trade protectionism and safeguard industrial safety.
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In the first three quarters, the added value of raw material industry increased by 9.3% year-on-year, which was 2.4 percentage points faster than the first half of the year, including an increase of 16.5% in September (a low base last year, only an increase of 5.5%), an acceleration of 2.2 percentage points from the previous month (monthly increase The speed has reached the fastest level since the second half of last year.)
The added value of the chemical industry increased by 11.7% year-on-year, 3.2 percentage points higher than that in the first half of the year; in September, it increased by 22.2%, showing a rapid upward trend. The production of basic chemical raw materials improved further. Soda ash and ethylene production decreased by 1.7% and 0.1% year-on-year, respectively, a 2.8- and 6.7-percent-point drop from the first half of the year, respectively, and the increase in caustic soda from a 2.8% year-on-year drop in January-August to a 0.3% increase; in September, soda ash, caustic soda, and ethylene The year-on-year increase of 9.2%, 23.6% and 29.4% respectively was an acceleration of 10.1-17.8 percentage points from the previous month. Agricultural materials production grew steadily. Supported by the national policy of supporting agriculture and benefiting farmers, the production of chemical fertilizers and pesticides grew steadily. The output of the first three quarters increased by 11.5% and 10.8% respectively. Rubber tire production continues to grow. Driven by the rapid growth of automobile production, the output of tires made of rubber tires was 480 million, an increase of 13.3% year-on-year, 3.2 percentage points higher than that in the first half of the year, including an increase of 26.7% in September.
Most product prices have fallen back. After the chemical product market experienced a recovery in July and August, the market price fell in September. From January to August, the chemical industry realized a profit of 113.2 billion yuan, a decrease of 14.1%, which was 9.9 percentage points smaller than that in the first five months.
A few days ago, the Sinopec Shanghai Petrochemical Industry Climate Index was issued in the third quarter of 2009 jointly prepared by the China-industry Business Prominence Index Research Center and the National Bureau of Statistics China Economic Prosperity Monitoring Center. In the third quarter, the China Petroleum & Chemical Industry Business Climate Index was 98.2 points, China Chemical Industry Business Climate Index was 96.7 points (boom rate was 100 points), and the petrochemical industry gradually emerged from the downturn since the third quarter of last year.