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China Drying Network News From January to July, the country's crude oil and natural gas production was approximately 173 million tons of oil equivalent, which was a year-on-year increase of 1.6%, and the growth rate was 0.3 percentage points lower from January to June; the total amount of main chemicals was approximately 265 million tons, an increase from the same period of last year. 8.2%, an increase of 0.5% from January to June.
Crude oil production accelerated and natural gas continued to slow down. In July, the country’s crude oil production was 17.062 million tons, an increase of 1.4% year-on-year, and the growth rate was significantly faster than in June; natural gas production was 8.26 billion cubic meters, an increase of only 1.0%, which was the lowest in history. In July, the national crude oil processing volume was 37.604 million tons, an increase of 1.1% year-on-year; the refined oil production (gas, coal, and diesel, the same below) was 23.03 million tons, an increase of 3.1%. Among them, diesel production was 13.877 million tons, a year-on-year decrease of 0.4%; gasoline production was 7.442 million tons, an increase of 10.1%, continuing to accelerate.
Fertilizer growth rate dropped. In July, the country’s fertilizer production (refine, the same below) was 6.357 million tons, an increase of 8.5% year-on-year and 3.2 percentage points lower than the previous month. Among them, the output of urea was 2.592 million tons, an increase of 5.9%; the output of phosphate fertilizer was 1.783 million tons, an increase of 22.2%; the output of potash fertilizer was 487,000 tons, a decrease of 6.1%. In July, the production of synthetic ammonia was 4.481 million tons, an increase of 3.7% year-on-year; the output of pesticide raw drugs (off 100%) was 293,000 tons, an increase of 27.3%, of which the herbicide production was 141,000 tons, an increase of 47.4%.
Ethylene production continued to decline, and most Other key product growth slowed. In July, the national ethylene production was 1.198 million tons, a year-on-year decrease of 6.7%; methanol production was 1.971 million tons, an increase of 15.4%; sulfuric acid production was 6.413 million tons, an increase of 7.9%; caustic soda production was 2.124 million tons, an increase of 5.7%; calcium carbide production was 1.523 million tons , Declined 3.4%; chemical reagents 802,000 tons, an increase of 2.1%; synthetic resin 4.331 million tons, an increase of 7.4%, of which polyvinyl chloride production was 1,082,000 tons, down 1.9%; synthetic fiber monomer production was 1,745,000 tons, compared with the previous year Flat; tire tire output 78.971 million, an increase of 5.5%, of which 37.176 million radial tire production, an increase of 12.6%.
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