Last November, the petrochemical industry price rise increases

China petroleum and chemical industry federation has released in November last year the industry situation of economic operation report. According to the report, the month the industry keep good situation of economic operation. National oil and gas and the main chemical production basically stable, the overall price level to speed up the advance, export continuation of good momentum, the industry benefits continue to improve. But is still weak, the inlet pressure to further increase investment, speed up rising inventories should be cause for alarm.

By the end of November, the added value of petroleum and chemical industry in 2017, the cumulative growth of 3.9%, 0.1% higher than that of 1 ~ 10 months. 1 ~ 11 months, the industry's main business income is 12.83 trillion yuan, up 16.3% from a year earlier.

Energy and the main chemical production basically stable. 1 ~ 11 month total oil and gas production 296 million tons of oil equivalent, year-on-year growth of 0.9%; The main chemical production growth of about 2.6%.

Import and export volume continues to grow faster, export growth to further speed up. November the industry import and export customs data show that total $55.11 billion, record for 3 years, year-on-year growth of 27.6%, 4.7% grow faster than last month.

Industry benefits to maintain good posture. 1 ~ 11 months, the industry profit total 807.02 billion yuan, up 51.4% from a year earlier. Divisions, the exploitation of oil and gas total profit of 48.05 billion yuan, a year earlier losses of 43.6 billion yuan; Oil refining, total profit of 183.64 billion yuan, up 22.5%; Chemical industry profit total 559.89 billion yuan, 35.7% increase.