Dongying Rich Chemical Co.,Ltd

Dongying Rich Chemical Co.,Ltd

Development Trend And Market Prospect Forecast Of China 's Chemical Industry In 2017

Three fees rose slightly. 2016 The first three quarters, the chemical industry three sums of $ 196.5 billion, an increase of 4.38%, mainly due to management costs and rising sales costs caused. The first three quarters of the chemical industry financial costs of 23.5 billion yuan, down 18.04%, a significant decline, mainly due to the implementation of loose monetary policy of the central bank, interest rates fell.

Improved profitability. The first three quarters of 2016, the chemical industry net profit of 81.3 billion yuan, an increase of 20.64%, the industry profitability significantly improved. Mainly due to crude oil and other raw material prices at a low level, the industry experienced to the production capacity, concentration gradually increased, product structure optimization.

Gross margin and net profit have improved. The gross profit margin and net profit margin of the chemical industry in the first three quarters of 2016 were 21.67% and 3.67% respectively, up by 10.17% and 28.32% respectively.


Chemical raw materials and chemical products investment growth in fixed assets experienced a 2007-2009, 2010-2012.6 two investment peak, from June 2012 after the investment growth has been in a downward trend, 2016 growth rate is the first time in many years Negative growth in April fell to -6.4% record low. This year, compared to the improvement of profitability, chemical industry investment growth rate of growth is not significant, indicating that the company is not optimistic about the future expectations, to the current industry is still the main theme of the industry.

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