On March 19, the Economic Operation Department of the Hubei Provincial Economic Commission released information: Since the beginning of this year, the chemical industry in the province has faced the difficulties and pressures brought about by the financial crisis, actively responded to challenges, carefully organized production, and worked together to overcome difficulties, in the national policy. Driven by the stimulus and the spring ploughing market, the first two months of the operation tend to turn for the better, showing a trend of stabilized and bottomed out.
From January to February, the province's chemical industry realized an added value of 3.94 billion yuan, an increase of 9%, of which the value-added increase of 25.5% in February reached 2.5 billion yuan. As the country liberalized the ex-factory price of chemical fertilizers and the arrival of spring plowing, the fertilizer market began to warm up, prices rebounded, and corporate production recovered and expanded rapidly. From January to February, the province's fertilizer output reached 851,000 tons, an increase of 7.5%, of which output in February increased by 23.1% to 555,000 tons. Among other products, production of soda ash, pesticides and yellow phosphorus increased by 4.5%, 4%, and 14.9% respectively in the first two months; production in the petroleum processing industry decreased from a rising point to a rise of 2.6% year-on-year in output value; but chemical products and refined oil prices There is a big drop.
From January to February, the province's chemical industry realized an added value of 3.94 billion yuan, an increase of 9%, of which the value-added increase of 25.5% in February reached 2.5 billion yuan. As the country liberalized the ex-factory price of chemical fertilizers and the arrival of spring plowing, the fertilizer market began to warm up, prices rebounded, and corporate production recovered and expanded rapidly. From January to February, the province's fertilizer output reached 851,000 tons, an increase of 7.5%, of which output in February increased by 23.1% to 555,000 tons. Among other products, production of soda ash, pesticides and yellow phosphorus increased by 4.5%, 4%, and 14.9% respectively in the first two months; production in the petroleum processing industry decreased from a rising point to a rise of 2.6% year-on-year in output value; but chemical products and refined oil prices There is a big drop.
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