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Crude Oil Slump Or Price Adjustment Fell To &Nbsp; Gasoline Wholesale Discount 100 Yuan Loose.

2011/5/10 11:32:00 46

Crude Oil SlumpPrice Adjustment Falls Short Of Gasoline Wholesale

Yesterday (May 9th), domestic

product oil

The price adjustment window was officially opened.

However, as oil prices continued to fall on the 6 day and closed at $97.18 a barrel, the industry saw the possibility of raising oil prices in the short term.

According to the latest market monitoring of treasure island yesterday, the wholesale prices of some oil giants in Southern China were stable and dark, and the price of gasoline was 100 yuan ~200 yuan per ton, and prices began to loosen.


The 9 day is the three day when the "22 working days" conditions are met.

Crude oil price

Although the rate of change has dropped slightly, Zhao Xu, an analyst at Treasure Island, points out that the rate of change is still as high as 6.77%, which is above the 4% red line, and theoretically the price adjustment is still established.


Due to successive setbacks in international crude oil, according to the usual practice, the NDRC will continue to delay the price adjustment time until the three oil price change rate falls to less than 4%.

At the same time, the two major groups are applying for a reduction or exemption of refined oil consumption tax, and the latter share the pressure on the cost of refinery from the downstream.


"Although the price adjustment window for domestic oil products is officially opened this week, the price of crude oil on the outside market is falling dramatically. The price adjustment may be stranded, and the future market depends on the trend of crude oil."

Zhao Xu said.


The market expects that WTI oil prices will be bottomed at $95 / barrel this week and will rebound.

If the economic data are disappointing, it will exacerbate the market's concern about the slowdown in global economic growth. The US dollar will continue to strengthen and further suppress the risk assets such as crude oil.

New York oil price

It may drop to $90 / barrel.


The price of diesel is still strong


Yesterday, the wholesale price of Sinopec gasoline in Guangdong market was stable, but the actual turnover was 100 yuan ~150 yuan per ton.

Guangdong PetroChina gasoline also has a discount of 200 yuan per ton.

The price of CNOOC diesel in Huizhou rises by 0.02 yuan, and the price of gasoline rises by 0.03 yuan every time.


In addition, the price of gasoline in Shandong has been declining.

Dongying region, Shida, Lijin, Hualong, Zibo area Jincheng, HSBC, Gaoqing Hongyuan, Binzhou area Jingbo, Ji'nan area the Great Wall and Hua two, Dezhou HengYuan, Qingdao area, Ampang, and Rizhao Shida technology and petrochemical industries have all been lowered, ranging from 40 yuan to 400 yuan per ton.


Zhao Xu told the "daily economic news" reporter, now, the wholesale price of gasoline and diesel is divided, and diesel is showing tension.

In East China and Southern China, resources are tightening due to rising demand and tight electricity.

In terms of price, it remains high and strong, and it is difficult to loose in the short term.

The sales policy of petroleum companies is still dominated by volume control, and distribution in many districts is only for terminals.


However, the gasoline market is relative to diesel fuel.

The downstream purchasing operation is prudent and needs to be fixed on demand. It should have entered the peak season gasoline market, and has yet to show signs of active trading.

The price quoted by the oil company is steady, but the price is much lower and the price is very loose.


Li Bing, an information analyst at Zhuo Chuang, believes that the international crude oil prices have continued to go down, the domestic oil products market has a strong wait-and-see atmosphere; the NDRC's expectation of raising the price of refined oil has weakened, and gasoline has started to lower in some areas to stimulate shipments, and the overall volume of the market has remained at a low level.

Affected by resource shortage, the oil companies still carry out the strategy of controlling sales, and the price is temporarily strong.

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