The market impact of chemical raw materials manufacturing value-added growth of 4% in the first half of the year on paint and glue curing agent products

Production of raw coal, crude oil, natural gas, and electricity in large-scale industries all gr ew in June, according to data released by the National Bureau of Statistics on July 15. Compared with May, raw coal production grew faster, crude oil maintained steady growth, natural gas production slowed down, and electricity increased from decline.

Raw coal production grew faster and imports fell more sharply. The coal supply policy was vigorously promoted. In June, 380 million tons of raw coal were produced, up 15.3% year on year and 5.0 percentage points higher than the previous month, with an average daily output of 12.64 million tons. Imported coal was 18.98 million tons, down 33.1% year on year, and the decline was 31.0 percentage points larger than last month.

From January to June, raw coal production reached 2.19 billion tons, up 11.0% year on year. Imports of coal totaled 115 million tons, down 17.5 percent year on year.

Crude oil production grew steadily, while imports declined. In June, 17.19 million tons of crude oil were produced, up 3.6 percent year on year, with the growth rate unchanged from the previous month, and the average daily output was 573,000 tons. Imports of crude oil were 35.82 million tons, down 10.7 percent year on year, following an 11.9 percent increase last month.

From January to June, it produced 102.88 million tons of crude oil, an increase of 4.0 percent year on year. Imported crude oil was 252.52 million tons, down 3.1 percent year on year.

The decline in crude oil processing narrowed. In June, crude oil processing reached 54.94 million tons, down 9.7% year on year, and the decline narrowed by 1.2 percentage points compared with the previous month, with an average of 1.831 million tons processed per day. From January to June, crude oil processing reached 332.22 million tons, down 6.0% year on year.

Natural gas production growth slowed and imports fell more sharply. In June, 17.3 billion cubic meters of natural gas were produced, up 0.4% year on year, 4.5 percentage points lower than the previous month, with an average daily output of 580 million cubic meters. Imported natural gas was 8.72 million tons, down 14.6 percent year on year, down 4.0 percentage points from the previous month.

From January to June, 109.6 billion cubic meters of natural gas were produced, up 4.9 percent year on year. Imported natural gas amounted to 53.57 million tons, down 10.0% year on year.

Power production increased from a decline. In June, electricity generated 709 billion kilowatt hours, up 1.5 percent year on year, after falling 3.3 percent last month to an average of 23.63 billion kilowatt hours. From January to June, power generation was 3.96 trillion KWH, up 0.7% year on year.

Influenced by a drop in international oil prices, the paint and glue curing agent products market is changing rapidly. These changes are indicators of market growth. This year-over-year uptrend in the market suggests oval but steady growth for the period 2022-February 2030. If you are looking for a paint and glue curing agent products or bulk purchase paint and glue curing agent products, please send an email to: sales@huagechemical.c om .

The paint and glue curing agent products prices continue to be influenced by factors such as market momentum, opportunities and challenges. However, the global paint and glue curing agent products sales market is expected to continue to be above average during the forecast period 2022 to 2030. Growth rates will continue to rise. Expect some increase in paint and glue curing agent products prices from today to next week.

The cost of paint and glue curing agent products is constantly changing due to changes in consumer demand, changes in import and export conditions, and various investigations into paint and glue curing agent products development. Considering the macroeconomic parameters of the current market, value chain analysis, channel partners, supply and demand and other factors, the cost of the paint and glue curing agent products will also be affected to a certain extent. Expect a slight increase in the cost of paint and glue curing agent products between today and next week.

“However, Huagechemical offers environmental protection, health, paint and glue curing agent products chemical raw materials and stable prices. In order to give feedback to regular customers, the company remains fully operational, offering paint and glue curing agent products at competitive prices.”sales manager at Huagechemical.

About Huagechemical- the paint and glue curing agent products supplier

Foshan Shi Hua Ge C hemical Co., Ltd. is a preferred global partner and have been committed to the environmental protection, health and chemical materials. R elying on rich industry experience and in-depth understanding and prediction of market trends, we provide value-added services to our partners.

Our product line includes Products include mold release agent , chemical additives, color paste, paint curing agent. Application areas include PU soles, PU car carpets, wood-based panels, paper (food), metal die casting, paint and glue curing agent products, etc. If you are looking for paint and glue curing agent products, please send email to: sales@huagechemical.com

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