In the first quarter, the chemical industry increased by 23.1%. The price of most monitored products rose

According to the National Development and Reform Commission, in the first quarter, the value-added of the chemical industry increased by 23.1% year-on-year, an increase of 18.6 percentage points year-on-year. Among the main products, the output of caustic soda was 4.88 million tons, an increase of 22.5%. Sodium carbonate production was 5.25 million tons, an increase of 24.7%. Fertilizer production was 16.31 million tons, an increase of 11.2%; among them, nitrogen fertilizer, phosphate fertilizer, and potassium fertilizer output increased by 8.7%, 17.4%, and 30%, respectively. The output of pesticides was 582,000 tons.
Most of the chemical products monitored have increased in price from the previous month. In March, the average price of caustic soda (caproline) was 2,410 yuan/ton, which was RMB 50/ton higher than the previous month, a year-on-year decrease of 15.4%; and soda 1,520 yuan/ton, up RMB 100/ton from the previous month, up 32.2% year-on-year. Urea was 1,780 yuan/ton, down by 30 yuan/ton from the previous month, down 7.3% year-on-year; Domestic phosphoric acid diamine was 2,860 yuan/ton, up by 100 yuan/ton from the previous month, down by 3.1% year-on-year; calcium carbide was 3,450 yuan/ton by weight. The price rose 230 yuan/ton last month, up 12% year-on-year.
In the first two months, the chemical industry realized a profit of 31 billion yuan, an increase of 2.2 times year-on-year and a 55.5% decrease in the same period of last year.

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