Increase in output of two alkalis

The Ministry of Industry and Information Technology released on August 26 the operation of China's industrial economy in August. The growth rate of investment in high-energy-consuming industries continued to fall, while the output of the caustic soda and soda ash industries increased and decreased in August, showing mixed performance.

From January to August, six high-energy-consuming industries completed an investment of 2055.2 billion yuan, a year-on-year increase of 14.5%, an increase of 9.2% in August, and a decrease of 9.6 percentage points from the same period of last year and a decrease of 1.9 percentage points from the first half of the year. Among them, the ferrous metal smelting and rolling industry decreased from a 1.4% year-on-year growth of 1.6% to 1.8%; the non-metallic mineral products industry, chemical raw materials and chemical products manufacturing and petroleum processing coking and nuclear fuel processing industries increased by 29.5% and 15.4 respectively. % and 5.9%, down 1.5, 1.9 and 3.1 percentage points from the first half of the year; non-ferrous metal smelting and rolling industry, electricity, heat production and supply industries were up 35.4% and 7.9% respectively, 1.2 and 0.7 percentage points faster than the first half.

Chemicals: In August, the value-added of the chemical industry increased by 12.2% year-on-year, with the growth rate falling 7.3% year-on-year and 0.4% lower than that in July. Among the main products, ethylene production was 1.38 million tons, an increase of 48.3% year-on-year, 17.9% higher than the previous period; production of caustic soda was increased by 8.3% year-on-year; production of soda ash was down 2.6% year-on-year; output of pesticides was up by 20.5%; fertilizer production was down by 4%. From January to August, the added value of the chemical industry increased by 16.9% year-on-year, the growth rate accelerated by 6.4 percentage points year-on-year; the production of caustic soda, soda ash and ethylene rose by 17.1%, 11.4%, and 39.9%, respectively; the output of pesticides and chemical fertilizers increased by 19.7% and 4.4 respectively. %.

In addition, the growth rate of production in high-energy-consuming industries in China is still lower than that of all industries above designated size. In August, the value-added of the six high-energy-consuming industries increased by 11.4% from the same period of last month, which was 0.9% higher than that of the previous month, which was lower than 2.5 percentage points of the growth of all industries; among them, the ferrous metal smelting and rolling processing industry and non-metallic mineral products industry grew respectively. 8.1% and 18.8%, an acceleration of 2.1 and 0.3 percentage points from the previous month; petroleum processing coking and nuclear fuel processing and power heating production and supply industries increased by 5.9% and 11.6% respectively, which was an acceleration of 2.4 and 1.2 percentage points from the previous month; The metal smelting and rolling processing industry, chemical raw materials, and chemical manufacturing industries increased by 10.6% and 12.9% respectively, down 1.3% and 0.8% from the previous month. From January to August, the value-added of the six high-energy-consuming industries increased by 15.5% year-on-year, 1.1% lower than the growth rate of all industries, and slowed by 3.9 and 1.7 percentage points respectively from the first quarter and the first half of the year.

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