The economic performance of the petrochemical industry in the first half of the year was generally good
From August 5th to 7th, the 2024 National Petroleum and Chemical Industry Economic Situation Analysis Conference, sponsored by the China Petroleum and Chemical Industry Federation and co-organized by Shaanxi Yanchang Petroleum (Group) Co., Ltd., was held in Xi'an. Participants from relevant ministries, enterprises, and industries Nearly a thousand representatives from the association attended the meeting.
The meeting pointed out that the economic performance of the petroleum and chemical industry was generally good in the first half of the year. The industry achieved operating income of 8 trillion yuan, a year-on-year increase of 5.1%; profits of 429.47 billion yuan, a year-on-year decrease of 1.6%; and total import and export volume of 474.08 billion US dollars. Compared with the same period last year, the economic performance of the industry has improved significantly.
Looking at the three major sectors, the operating income of the oil and gas sector was 737.56 billion yuan, a year-on-year increase of 8.7%, and the profit was 205.67 billion yuan, a year-on-year increase of 7.7%; the operating income of the refining sector increased by more than 3% year-on-year; the operating income of the chemical sector was 4.7 trillion yuan , a year-on-year increase of 5.7%, and realized a profit of 215.42 billion yuan, a year-on-year increase of 4.4%. Overall, my country's petroleum and chemical industry showed an overall upward trend in the first half of the year.
