Strong demand continues to increase the import of basic chemical raw materials in China

Business News Agency August 17 hearing this year, China's economic situation continues to maintain a steady growth trend, the domestic market demand, a number of basic chemical raw materials supply and demand gap, resulting in a lot of imports of basic chemical raw materials is much larger than the export volume.

Organic raw materials According to relevant statistical data, from January to March this year, the import and export trade of most basic organic chemical raw materials on the Chinese market showed a pattern in which the import volume was greater than the export volume, and some products imported more than hundreds of times the export volume. For example, from January to March 2010, China’s imports of pure benzene were 41,587 tons, and the import amount was US$40.37 million. During the same period, its export volume was 17,743 tons, and the export amount was US$ 16.32 million. Both offset by net imports of 23,844 tons and the net import amount of US$ 24.05 million.

The import volume of toluene was 225,206 tons, and the import amount was 199.6 million US dollars. During the same period, its export volume was 575 tons and the export amount was 530,000 US dollars. The two were offset by net import volume of 224,631 tons. Net imports The amount was 199.7 million US dollars and the import volume was nearly 400 times more than the export volume.

The import volume of methanol was 1,013,165 tons, and the import amount was 319.56 million US dollars, while its export volume was 4,283 tons and the export amount was 1.5 million US dollars. The net imports were 1,008. With 882 tons, the net import amount was 318,060,000 US dollars, and the import volume was nearly 240 times more than the export volume.

The import volume of diethanolamine was 18,357 tons, and the import amount was 19.62 million US dollars. During the same period, its export volume was only 3 tons, and the export amount was 290,000 US dollars. The two offset, with a net import volume of 18,354 tons. The net import amount was US$ 19.33 million, and the import volume was more than 6,000 times more than the export volume.

The import volume of triethanolamine was 10,695 tons, while the import amount was US$13.47 million. During the same period, its export volume was 0 tons.

Of the basic organic chemical raw materials, only a few varieties have more exports than imports. Such as glacial acetic acid, from January to March this year, the import volume of glacial acetic acid on the Chinese market was 27,692 tons, and the import amount was US$11.05 million. During the same period, the export volume was 38,150 tons and the export amount was 15.58 million. The U.S. dollar is offset by a net export volume of 10,458 tons and a net export value of 4.53 million U.S. dollars.

Inorganic raw materials In basic inorganic chemical raw materials, the imports of tri-acids (sulfuric acid, hydrochloric acid, and nitric acid) are greater than the export volume, while the imports of two alkalis (caustic soda, soda ash) are smaller than the export volume. From January to March this year, the import volume of concentrated sulfuric acid on the Chinese market was 540,442 tons, and the import amount was 13.6 million US dollars. During the same period, its export volume was 935 tons and the export amount was 300,000 US dollars. The amount was 539,507 tons, the net import amount was 13.3 million US dollars, and the import volume was nearly 600 times more than the export volume.

The import volume of hydrochloric acid was 14,233 tons, and the import amount was 1.57 million US dollars. During the same period, its export volume was 1,563 tons and the export amount was 200,000 US dollars. The two offset each other, with a net import volume of 12,670 tons. The net import amount It was US$15.43 million and the import volume was nearly 10 times more than the export volume.

The import volume of nitric acid was 640 tons, and the import amount was 810,000 US dollars. During the same period, its export volume was 260 tons and the export amount was 130,000 US dollars. The two offset each other. The net import volume was 380 tons and the net import amount was 680,000 US dollars.

China is the world's largest producer of caustic soda and soda ash, and it is also a major exporter. Export volumes have been large for many years. From January to March this year, the export volume of sodium hydroxide (caustic soda) in China was 136,991 tons and the export amount was US$ 43.59 million. During the same period, the import volume was 4,956 tons, and the import amount was US$ 2.52 million. Balanced, the net export volume was 132,035 tons and the net export amount was US$41.07 million. The export volume of sodium carbonate (soda ash) was 380,354 tons, and the export amount was US$ 65.45 million. During the same period, its import volume was 1,117 tons, and the import amount was US$ 240,000, which was offset by both, and the net export volume was 379. With 237 tons, the net export amount was USD 65.27 million.

It is expected that China's economy will continue to show a sustained growth trend in the second half of this year. The market demand will remain strong, and the demand for basic chemical raw materials will remain relatively strong. Some basic chemical raw materials will also be imported. As crude oil prices in the international market are unlikely to fall significantly, the prices of basic organic chemical raw materials will remain stable in the second half of the year and will fluctuate with the crude oil prices in the international market.

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