ZCC
BCN-13
CHINA-CHEMICAL-INDUSTRY-GROWTH
China’s chemical industry sees faster Q1 value-added growth
BEIJING, May 5, 2019 (BSS/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.
BSS/XINHUA/HR/1430