|China's chemical industry's value added output up 9.5% in Jan-Aug
The value-added output of China's chemical industry saw an increment of 9.5% from a year earlier in the first eight months of this year, according to figures released by the National Development and Reform Commission.
The growth rate for the reporting period declined 1.4% compared with the same period of 2014.
During Jan-Aug period, the output of ethylene rose 1.9% year on year to 11.43 million tons, and that of plastics in primary form added 8.7% from the previous year to 49.72 million tons.
Meanwhile, the country's synthetic rubber output marginally shed 0.5% year on year to 3.37 million tons in the first eight months of this year, and its synthetic fiber output witnessed an 11.5% increase from an earlier year to 28.38 million tons.
Last month, the price of caustic soda came in to RMB 2,140 per ton, down 0.5% over a month earlier, while the price of soda ash and urea fell 4% and 3.4% month on month to RMB 1,450 and RMB 1,680 per ton, respectively.
In the month of Aug, China's chemical industry's value-added industrial output witnessed a rise of 10.4% from a year earlier.