The prices of chemical raw materials and products in April rose 17.5% year-on-year and 2.1% month-on-month
On May 11, data released by the National Bureau of Statistics showed that in April 2021, the national factory prices for industrial producers increased by 6.8% year-on-year and 0.9% month-on-month; the purchasing prices of industrial producers increased by 9.0% year-on-year and 1.3% month-on-month. . On average from January to April, the ex-factory prices for industrial producers rose by 3.3% over the same period last year, and the purchasing prices for industrial producers rose by 4.3%. Among them, the prices of chemical raw materials and chemical products manufacturing increased by 17.5% year-on-year and 2.1% month-on-month.
In general, with the steady recovery of domestic consumer demand and industrial production in April, the prices of international bulk commodities such as iron ore and non-ferrous metals rose, and prices in the production sector continued to rise.
From a month-on-month perspective, PPI rose by 0.9%, a decrease of 0.7 percentage points from the previous month. Among them, the price of means of production rose by 1.2%, a drop of 0.8%; the price of means of living rose by 0.1%, a drop of 0.1%. The month-on-month decline in PPI growth was mainly affected by the decline in price growth in the petroleum and non-ferrous metal industries. The decline in international crude oil prices drove the price increase of domestic petroleum-related industries to fall or decline. Among them, the price of oil and natural gas extraction industry increased by 0.4%, and the increase rate fell by 9.4%; the price of chemical raw materials and chemical products manufacturing increased by 2.1%, and the increase rate fell by 3.2. Percentage points; the prices of petroleum, coal and other fuel processing industries turned from a 5.7% increase last month to a 0.9% drop. Although the prices of non-ferrous metals such as copper and aluminum in the international market continued to rise, the rising trend has slowed down. The domestic non-ferrous metal smelting and rolling processing industry prices rose by 2.1%, and the growth rate dropped by 2.4 percentage points. In addition, affected by the increase in demand and the rising cost of raw materials such as iron ore, the price of ferrous metal smelting and rolling processing industry rose by 5.6%, an increase of 0.9%.
From a year-on-year perspective, PPI rose by 6.8%, an increase of 2.4 percentage points from the previous month. Among them, the price of means of production rose by 9.1%, an increase of 3.3%; the price of means of living rose by 0.3%, an increase of 0.2%. Affected by the low comparison base in the same period last year, the price increase of major industries has expanded. Among them, the oil and natural gas extraction industry increased by 85.8%, an increase of 62.1 percentage points; the ferrous metal smelting and rolling processing industry increased by 30.0%, an increase of 8.5%; non-ferrous metals Metal smelting and rolling processing industry rose 26.9%, an increase of 5.6 percentage points; petroleum, coal and other fuel processing industries rose 23.8%, an increase of 9.9%; chemical raw materials and chemical product manufacturing rose 17.5%, an increase of 6.1 percentage points; coal mining And washing industry rose 13.3%, an increase of 6.4 percentage points.
