SunSirs: Factory-Gate Prices for China's Chemical Raw Materials and Products Manufacturing Sector Rose 5.2% in the First Eight Months
September 10 2026 10:22:47
Data released by the National Bureau of Statistics on September 9 shows that in August 2026, the national producer price index (PPI) rose by 3.8% year-on-year and 0.4% month-on-month. Specifically, year-on-year prices rose by 10.5% for oil and gas extraction, 11.1% for the processing of petroleum, coal, and other fuels, and 9.1% for the manufacture of chemical raw materials and chemical products; month-on-month, prices rose by 6.1% and 3.5% for the first two sectors, respectively, while falling by 0.1% for the chemical sector.
In August, producer purchase prices rose by 5.8% year-on-year and 0.3% month-on-month. Among these, prices for fuel and power rose 9.8% year-on-year (up 1.4% month-on-month); prices for chemical raw materials rose 9.5% year-on-year (down 0.4% month-on-month); and prices for textile raw materials rose 3.8% year-on-year (up 0.6% month-on-month).
For the January–August period, producer prices rose by an average of 2.0% year-on-year, while producer purchase prices rose by 3.2%. Within this period, year-on-year prices rose by 8.2% for oil and gas extraction, 4.7% for the processing of petroleum, coal, and other fuels, and 5.2% for the manufacture of chemical raw materials and chemical products.
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