13
2023
-
06
The prices of chemical raw materials and product manufacturing in May decreased by 12.2% year-on-year
According to data released by the National Bureau of Statistics on June 9th, in May, international commodity prices overall declined, while domestic and international industrial product market demand was generally weak. In addition, with a high year-on-year comparison base, the PPI (Producer Price Index) continued to decline both month on month and year on year. Among them, the prices of chemical raw materials and chemical product manufacturing decreased by 2.0% month on month and 12.2% year-on-year.
From a month on month perspective, the PPI decreased by 0.9%, an increase of 0.4 percentage points compared to the previous month. Among them, the price of Means of production fell by 1.2%, 0.6 percentage points higher; The price of means of living decreased by 0.2%, narrowing by 0.1 percentage points. The downward trend in international crude oil and major non-ferrous metal prices has driven down prices in related domestic industries. Among them, the prices of oil and natural gas extraction industry decreased by 2.1%, while the prices of chemical raw materials and chemical product manufacturing industry decreased by 2.0%; The prices of non-ferrous metal smelting and rolling processing industries have decreased by 1.1%. The supply of coal, steel, cement and other industries is generally sufficient, but the demand is weak, and the prices are falling. Among them, the prices of Coal mining and washing industries are down 5.2%, the prices of Ferrous smelting and rolling processing industries are down 4.2%, and the prices of non-metallic mineral products industries are down 0.9%. The prices of the equipment manufacturing industry have slightly decreased, with prices in the electrical machinery and equipment manufacturing industry decreasing by 0.5%, prices in the computer communication and other electronic equipment manufacturing industry decreasing by 0.3%, and prices in the automotive manufacturing industry decreasing by 0.2%. In addition, the prices of cultural, educational, industrial, artistic, sports, and entertainment equipment manufacturing industries increased by 0.5%, while the prices of electricity, heat production, and supply industries increased by 0.1%.
From a year-on-year perspective, the PPI decreased by 4.6%, an increase of 1.0 percentage points compared to the previous month. Among them, the price of Means of production fell by 5.9%, with a 1.2 percentage point increase; The price of means of living has decreased by 0.1% from a 0.4% increase last month. Among the 40 major categories of industrial industries surveyed, 26 showed a decrease in prices, an increase of 3 compared to the previous month. Among the main industries, the prices of oil and natural gas extraction decreased by 19.1%, with a decrease of 2.8 percentage points; The price of Ferrous smelting and rolling processing industry dropped by 16.8%, 3.2 percentage points higher; The prices of petroleum, coal, and other fuel processing industries decreased by 15.1%, with a decrease of 3.7 percentage points; The price of Coal mining and washing industry dropped by 13.1%, with the decline rate expanding by 3.8 percentage points; The prices of non-ferrous metal smelting and rolling processing industries decreased by 8.4%, with a decrease of 0.2 percentage points. The prices in the automotive manufacturing industry have decreased by 1.1%. In addition, the prices of the cultural, educational, industrial, artistic, sports, and entertainment goods manufacturing industry increased by 4.5%, the prices of the electricity and heating production and supply industry increased by 1.6%, and the prices of the textile, clothing, and clothing industry increased by 1.0%.
Among the purchase prices of industrial producers, the prices of Ferrous materials fell 11.1% year on year and 2.2% month on month; The prices of chemical raw materials decreased by 10.6% year-on-year and 2% month on month; Fuel and power prices decreased by 7.6% year-on-year and 1.3% month on month.
From January to May, on average, the factory price of industrial producers decreased by 2.6% compared to the same period last year, while the purchase price of industrial producers decreased by 2.3%. his