The first half of the overall economy, rapid growth in production, economic growth slowed down by the cost of drag, the prices keep rising. Output of 30.015 million tons of fertilizers, an increase of 5.9 percent, the basic guarantee for the supply of agricultural production.
     The first half of the petrochemical and fertilizer production of the main features are as follows: First, production continued to maintain rapid growth, but economic growth significantly weakened the second is the steady growth of output of major products, ensuring the supply of agricultural production; Third, import and export trade growth Piankuai However, the deficit continues to expand; four Piankuai fixed assets investment growth, but growth has slowed five international market price is subject to the influence of market prices submitted to the trend of six high energy-consuming products is focused on energy consumption continues to decline, But the whole energy-saving emission reduction under pressure.
     First half of this year, the petrochemical industry output value (at current prices) 3.07 trillion yuan, an increase of 30.2 percent, or nine percentage points year-on-year increase sales output value (at current prices) 3.02 trillion yuan, up 30.6 percent of product sales rate of 98.4 percent, year-on-year 0.26 percentage point increase. Main operating income 3.1 trillion yuan, an increase of 30 percent, an increase over the same period last year increased 8.5 percentage points a total profit of 279 billion yuan, an increase of 2.5 percent, or 24.9 percentage points year-on-year decline.
      Import and export trade growth rate of larger, but the deficit continues to widen. First five months this year, petroleum and chemical products import and export trade substantial growth, trade deficit widened. 1 to May, the entire industry import and export trade volume reached 173.73 billion U.S. dollars, up 44.4 percent, an increase over a year earlier, an increase of 23.3 percentage points. Among them, imported 122.02 billion U.S. dollars, up 47.8 percent; exports 51.72 billion U.S. dollars, up 36.8 percent, increase in imports than exports increased 11 percentage points. Import and export trade deficit continued to expand, reaching 70.3 billion U.S. dollars, a 57.1 percent year-on-year expansion.
     High oil prices to promote increased costs. The first half of industry-wide cost of sales than the same period last year increased by 35 percent, of which 44 per cent increase in oil refining industry, fertilizer industry increased 36.7 percent. Fertilizer loss-making enterprises loss for the same period last year increased 43.3 percent.
     The effect of the price in the international market, product submitted to the market price trend. Compared with a year earlier, overall prices of oil and chemical industry rose 15.74 percent, 34.07 percent rise in crude oil processing increased by 13.69 percent, up 40.5 percent methanol, sulphur increased 157.2 percent, rising 37.0 percent sulfuric acid, potassium sulfate increased 37.8 percent, chemical fertilizers increased 23.14%. June, the Association focused on tracking the petrochemical 163 kinds of petroleum and chemical products, prices rose by 131 kinds, accounting for 80.3 percent, a decrease of 28, accounting for 17.2 percent, flat with four kinds, accounting for 2.5 percent. (Where poetry)