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Xinhua Silk Road
Industry

China's chemical industry sees faster Q1 value-added growth

May 05, 2019


Abstract : China's chemical sector saw faster value-added growth in the first quarter, official data showed.

BEIJING, May 5 (Xinhua) -- China's chemical sector saw faster value-added growth in the first quarter, official data showed.

The value added for the Chinese chemical industry grew 5 percent year on year in the first three months, 2.1 percentage points faster than the same period 2018, according to the National Development and Reform Commission.

Output of ethylene reached 5.06 million tonnes in the first quarter, up 8.4 percent year on year. Fertilizer output totaled 13.31 million tonnes, up 2.4 percent year on year.

The prices of fertilizer and calcium carbide in March edged up from the previous month, while soda fell.

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Keyword: ethylene chemical industry

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