Three problems restricting the development of petr

2022-07-29
  • Detail

Three major problems restricting the development of the petrochemical industry

the decline in production of the petroleum and chemical industry in may further narrowed, and the industry as a whole is developing in a good direction. However, there are still three problems that need the close attention of the industry, which may restrict the further development of the petrochemical industry in the future

first, the overall decline of petrochemical market demand has not changed, and the downward trend of overall price level has not reversed

in may, the sales output value of the whole industry decreased by 7.5% year-on-year; The production and sales rate was 97.4%, down 0.3 percentage points year-on-year and 1.3 percentage points month on month. In addition, according to the statistics of the railway department, in May, the national oil delivery volume decreased by 10.7% year-on-year; The delivery volume of chemical fertilizers and pesticides decreased by 18.6% year-on-year and 19.8% month on month; The delivery volume of chemical products decreased by 6.1% year-on-year and 0.8% month on month. On the other hand, these data reflect the weakness of the overall demand of the current petrochemical market

at present, the overall market price level of the petrochemical industry is hovering at a low level, while the overall market price of the chemical industry is still declining. In May, the price index of more than 1000 petrochemical products released by the National Bureau of statistics was 82.14 (the price index in the same month of last year was 100), an increase of 0.52 points over the previous month. Among them, the product price index of chemical companies recognized by the State Intellectual Property Office as the second batch of national enterprise and public institution intellectual property demonstration units in 2010 was 88.55, a decrease of 0.63 points over the previous month, showing a continuous downward trend. Second, the export situation is still grim, and the import pressure of some petrochemical products is increasing

in may, the export value of the whole industry decreased by 17% year-on-year. Although the decline was narrowed, it was still large. From January to may, the export value of the whole industry decreased by 22.8% year-on-year; The export value of the chemical industry decreased by 23.5% year-on-year, and the sintering of steel plants was limited. Among them, the basic chemical raw materials decreased by 32%, chemical fertilizers decreased by 37.8%, pesticides decreased by 32.4%, coatings and pigments decreased by 42.4%, and rubber products decreased by 14.2%

on the other hand, the import pressure of some petrochemical products is increasing. Since the beginning of this year, due to the weak demand in the international market and the expansion of domestic demand, the export of foreign organic and synthetic materials to China has shown a trend of rapid growth, and the prices are far lower than those in the domestic market. The influx of a large number of low-priced imported products continues to occupy the domestic market, leading to a decline in domestic production

for example, in recent years, the average annual import of methanol is more than 1 million tons, and the highest year is only 1.4 million tons. From January to April this year, the import volume reached 2.25 million tons, and the growth rate of domestic apparent consumption was as high as 51.5%. While the demand grew rapidly, the domestic methanol output fell by 11.2% in the first five months. The same is true for polyethylene and PVC. In the first four months, the import volume increased by 65% and 101.8% year-on-year respectively, and the domestic consumer market increased by 18.8% and 13.5% respectively, while the output decreased by 6.2% and 6% respectively through faster processing 7%。

based on the analysis of the current situation, it has the characteristics of convenient operation, stable and reliable work, high experimental precision and stable afterburner. In the future, the demand for organic and synthetic materials in the domestic market will slow down significantly, the import pressure will continue to increase, the competition in the domestic market will become more intense, and the business environment of production enterprises will further deteriorate

third, the problem of structural overcapacity in the industry is prominent

according to the output analysis in May, the operating rate of some industries is still seriously insufficient, and the problem of structural overcapacity in the industry is relatively prominent. The operating rate of ethylene in that month was about 85.1%, about 7% lower than that of the previous month; The unit operating rate of soda ash industry is about 82.1%; The unit operating rate of caustic soda industry is about 79%; The operating rate of calcium carbide industry is 68.8%; The operating rate of PVC plant is about 58%; The operating rate of methanol industry is about 40.6%; The operating rate of phosphate fertilizer industry is about 50%; The operating rate of the oil refining industry is about 84%

some situations show that, driven by coal chemical industry, the expansion pace of methanol industry is still accelerating; The capacity of "two alkali" also continues to increase; In the first five months, the investment in the phosphate fertilizer industry has reached an alarming rate, with a year-on-year increase of 112%, which is much higher than the average growth rate of 30.2% in the fertilizer industry and 26.7 percentage points higher than that from January to April. These undoubtedly make the structural adjustment of the industry even worse

note: the reprinted contents are indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with their views or confirm the authenticity of their contents

Copyright © 2011 JIN SHI