According to data released on the website of the National Development and Reform Commission on January 5, the added value of the chemical industry increased by 9.7% year-on-year in Nov., 2020, with the growth rate increasing by 1.4% year-on-year. Among the major chemical products, the output of ethylene was up by 11.6% year-on-year, and the output of primary plastics, synthetic rubber and synthetic fiber increased by 8.6%, 2.1% and 4.1%, respectively. Caustic soda output increased by 16.4%, while soda ash decreased by 6.5%. Fertilizer outputs increased by 2.9%, of which nitrogen fertilizer increased by 14%, P and K were down by 11.8% and 14.7%, respectively. Pesticide production increased by 24.8%, rubber tire production increased by 18.8%, and carbide production also showed a increase of 8.1%.

From January to November of 2020, the added value of the chemical industry increased by 2.9% year-on-year, with the growth rate falling by 1.6% year-on-year. Among the outputs of major products, ethylene output was 19.52 million tons, up by 3.3% year-on-year. Primary forms of plastics had 139.41 million tons, up by 29.4%; synthetic rubber showed 6.74 million tons, up by 4.4%; the output of synthetic fiber was 50.84 million tons, up by 1.4%; caustic soda had 32.86 million tons, increased by 4.9%, while soda ash had 25.04 million tons, down by 5.3%. Fertilizer output was 50.95 million tons, down by 0.9%, of which nitrogen fertilizer increased by 4.5%, P decreased by 12.3%, and K decreased by 4.8%. The output of pesticide reached 1.93 million tons, up by 0.9%; rubber tyres had 744.49 million pieces, up by 0.2%; calcium carbide reached 24.91 million tons, up by 1.7%.

Among the specially monitored chemical products, prices of some products became higher than those last month. In Nov., 2020, the average price of caustic soda (caustic soda) was 2000 yuan/ton, down by 0.5%, compared with the price last month, and 31.7% compared with that last year. The price of soda soda (heavy ash) was 1,980 yuan/ton, down by 3.9% compared with the price last month, but up by 10.6% year-on-year. The price of urea was 1800 yuan/ton, 5.3% higher than the price in October and 3.4% higher than that last year. The price of domestic diammonium phosphate 2,370 yuan/ton, 2.6% higher than the price last month, and 2.6% higher than that last year. Carbide was sold for 3,220 yuan/ton, soared by 17.1% month-on-month, and 18.4% year-on-year.