The December 2016 increase of chemical raw materials and products industry value increased by 3.1%
Abstract: in January 20th the National Bureau of statistics released data show that in 2016 December, above scale industrial added value increased by 6% real growth last month growth of 0.46%. Among them, chemical raw materials and chemical products manufacturing industry increased by 3.1%. See details []
Local trends
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Domestic oil prices before the holiday or missed the five rising prices great probability
Abstract: 22 reported that the next round of domestic oil price adjustment will open in January 25th, this will be the last price adjustment in 2017 before the spring festival. The international crude oil prices by a lot of bad news on volatility down, affected by the domestic oil – year four rising after this round of adjustment, the domestic refined oil or slightly lower, before the five rising edge”. See details []
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The oil reserves of oil and gas for 10 consecutive years of high growth
Abstract: according to people’s Daily reported on 22, learned from the China Petroleum Corporation in 2016, international oil prices continued to slump, production and management difficulties facing severe challenges, oil and gas exploration results Chinese rich, the annual domestic new proven oil and gas equivalent of more than 1 billion 100 million tons, of which 6.49 tons of oil reserves and natural gas geology reserves of 598 billion 500 million cubic meters. See details []
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