Analysis of investment in petrochemical industry i

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Investment analysis of petrochemical industry in 2009

under the situation of overall economic stabilization, the petrochemical industry provides the latest "footnote" for economic recovery. Yesterday, the latest industry analysis report released by the China Petroleum and Chemical Industry Association (hereinafter referred to as the "Petrochemical Association") said: the economy of the National Petroleum and chemical industry is generally improving, and the industry investment has increased steadily. In the first five months, the fixed asset investment in the National Petroleum and chemical industry has increased by nearly 20% year-on-year

therefore, the report shows that from January to may, the available tensile strength (n) or tensile strength (MPA) of National Petroleum and chemical industry indicates that the fixed asset investment of the industrial industry is 290.66 billion yuan, with a year-on-year increase of 19.16%, 3.5 percentage points faster than the previous four months. In terms of industries, the chemical industry continued to maintain a rapid growth momentum, with a year-on-year increase of 31.7%; The investment in oil and gas exploitation industry increased by 4.6% year-on-year; Investment in the oil refining industry continued to decline, with a year-on-year decrease of 11.2%

with the increase of investment, the output value of the industry has also stopped falling and stabilized. In May, the total output value of China's petroleum and chemical industry was 538.34 billion yuan, an increase of 7% month on month. From January to may, the whole industry achieved an operating income of 250 million yuan (2) 70 million yuan and a total output value of 2.3 trillion yuan in January (3) 2018, a year-on-year decrease of 11.2%, 1.8 percentage points narrower than that from January to April

Fengshiliang, Deputy Secretary General of the Petrochemical Association, said that in May, the overall economy of the National Petroleum and chemical industry was still running at a low level, but the decline in production was further reduced; The demand for some bulk products continues to expand; The prices of some products have rebounded; Industry investment grew steadily. On the whole, the economic operation of the whole industry is developing in a good direction

however, Feng Shiliang still reminds that there are three problems worth paying attention to at present. First, the overall decline in petrochemical market demand has not changed, and the overall downward trend in prices has not reversed; Second, the export situation is still grim, and the import pressure of some petrochemical products has increased; Third, the problem of structural overcapacity in the industry is prominent

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