Oil prices today again raised the steam diesel prices of 600 yuan per ton
Source：China FAW Group Author： Date：6,10,2012
Core Tip:
The price adjustment is expected in the market, but in the unexpected. Hearsay market as early as the beginning of this month, due June 1 rate increases too moderate, country, or at the end of this month once again raised the retail price of gasoline and diesel. The surprise is that such a weak performance in the domestic terminal market demand, gas stations generally markdowns backdrop, the NDRC actually really second price adjustment, and rose as high as 600 yuan / ton.
Once again raised the maximum retail price of domestic gasoline and diesel today. Last night, the National Development and Reform Commission issued a notice to increase the maximum retail price of domestic gasoline and diesel, gasoline and diesel rose is 600 yuan / ton (about 0.4 to 0.5 yuan / liter). The adjustment, gasoline and diesel retail price average price of 7530 yuan / ton and 6790 yuan / ton, up 8.66% and 9.69% respectively.
This month, twice raised prices
Zhuo record information oil net refined oil researcher Liu Feng told the "Daily Economic News" interview last night, said he from PetroChina and Sinopec, the provincial branch of the Department learned in PetroChina and Sinopec's headquarters yesterday morning provincial companies to give notice by way of oral or SMS, said that oil prices may be June 30 at 0:00 on raised, requiring a corresponding sector employees to work overtime and do the preparations for response to oil price hike.
According to CBI sources said yesterday morning, the two companies under the most of the provincial company has received the task of the Beijing headquarters left behind to wait for the price adjustment, and some have to go to the Price Bureau and other documents.
The price adjustment is expected in the market, but in the unexpected. Hearsay market as early as the beginning of this month, due June 1 rate increases too moderate, country, or at the end of this month once again raised the retail price of gasoline and diesel. The surprise is that such a weak performance in the domestic terminal market demand, gas stations generally markdowns backdrop, the NDRC actually really second price adjustment, and rose as high as 600 yuan / ton.
Synchronous increase of ex-factory price of aviation kerosene
Soon after last night, National Development and Reform Commission in the next hair raised domestic gasoline and diesel retail price notification issued the Notice on the improvement of aviation kerosene. Among them, the No. 1 jet fuel by 3920 yuan / ton rose to 4920 yuan / ton; on the 3rd of jet fuel rose to 5050 yuan / ton from 4020 yuan / ton; large proportion of jet fuel rose to 5480 yuan / ton from 4360 yuan / ton, various types of fuel an average increase of more than 1000 yuan / ton, or about 25%.
It is noteworthy that, prior to the Development and Reform Commission raised aviation kerosene, only raised domestic gasoline and diesel prices. The last increase aviation kerosene prices May 22, after the 9th until June 1 to raise gasoline and diesel prices, The Development and Reform Commission released the same day.
June crude oil processing is expected to record high
Development and Reform Commission said in the price adjustment notice, deduction of 400 yuan maximum supply prices to meet the qualifications of private wholesale enterprises according to the highest retail price determined when the market retail price is lowered, the supply price of private wholesale enterprises should be reduced accordingly to keep the spread not less than 400 yuan.
In addition, the maximum wholesale price of gasoline and diesel will improve in equal installments. Contract by the supplier and distribution to retail business, the highest wholesale price in accordance with the highest retail price upside down in 300 yuan; the contract is not agreed to the distribution, the maximum wholesale price by the provinces (autonomous regions, municipalities) pricing department at $ 300 based on the consider the transport fees to determine the factors, the market retail price is lower wholesale prices should be reduced accordingly, to keep the wholesale and retail price difference is not less than 300 yuan.
According to statistics, June PetroChina, SINOPEC Crude Oil plans to process than those in May rose slightly, the local refinery processing volume was essentially flat compared to May, so the domestic crude oil processing volume in June is expected to hit a record high.
Development and Reform Commission adherence to the pricing mechanism
As of May 29, the continuously moving weighted average price of 22 consecutive working days, Brent, Dubai and Cinta crude oil than the last price adjustment of gains as high as 19.43%.
CBI analysts believe that the domestic economy is still in the recovery phase, the refined oil market into the traditional needs of the low season, the country has withstood the pressure and decided to raise the price countries to strictly comply with the latest release of finished oil pricing mechanism in theoretically appear upside, did not suppress but combined with national conditions is not adjusted properly raised domestic gasoline and diesel retail prices indirectly with international standards.
The industry believes that the increase in refined oil prices help to improve refining margins, the biggest beneficiaries will be Sinopec.
The price adjustment is expected in the market, but in the unexpected. Hearsay market as early as the beginning of this month, due June 1 rate increases too moderate, country, or at the end of this month once again raised the retail price of gasoline and diesel. The surprise is that such a weak performance in the domestic terminal market demand, gas stations generally markdowns backdrop, the NDRC actually really second price adjustment, and rose as high as 600 yuan / ton.
Once again raised the maximum retail price of domestic gasoline and diesel today. Last night, the National Development and Reform Commission issued a notice to increase the maximum retail price of domestic gasoline and diesel, gasoline and diesel rose is 600 yuan / ton (about 0.4 to 0.5 yuan / liter). The adjustment, gasoline and diesel retail price average price of 7530 yuan / ton and 6790 yuan / ton, up 8.66% and 9.69% respectively.
This month, twice raised prices
Zhuo record information oil net refined oil researcher Liu Feng told the "Daily Economic News" interview last night, said he from PetroChina and Sinopec, the provincial branch of the Department learned in PetroChina and Sinopec's headquarters yesterday morning provincial companies to give notice by way of oral or SMS, said that oil prices may be June 30 at 0:00 on raised, requiring a corresponding sector employees to work overtime and do the preparations for response to oil price hike.
According to CBI sources said yesterday morning, the two companies under the most of the provincial company has received the task of the Beijing headquarters left behind to wait for the price adjustment, and some have to go to the Price Bureau and other documents.
The price adjustment is expected in the market, but in the unexpected. Hearsay market as early as the beginning of this month, due June 1 rate increases too moderate, country, or at the end of this month once again raised the retail price of gasoline and diesel. The surprise is that such a weak performance in the domestic terminal market demand, gas stations generally markdowns backdrop, the NDRC actually really second price adjustment, and rose as high as 600 yuan / ton.
Synchronous increase of ex-factory price of aviation kerosene
Soon after last night, National Development and Reform Commission in the next hair raised domestic gasoline and diesel retail price notification issued the Notice on the improvement of aviation kerosene. Among them, the No. 1 jet fuel by 3920 yuan / ton rose to 4920 yuan / ton; on the 3rd of jet fuel rose to 5050 yuan / ton from 4020 yuan / ton; large proportion of jet fuel rose to 5480 yuan / ton from 4360 yuan / ton, various types of fuel an average increase of more than 1000 yuan / ton, or about 25%.
It is noteworthy that, prior to the Development and Reform Commission raised aviation kerosene, only raised domestic gasoline and diesel prices. The last increase aviation kerosene prices May 22, after the 9th until June 1 to raise gasoline and diesel prices, The Development and Reform Commission released the same day.
June crude oil processing is expected to record high
Development and Reform Commission said in the price adjustment notice, deduction of 400 yuan maximum supply prices to meet the qualifications of private wholesale enterprises according to the highest retail price determined when the market retail price is lowered, the supply price of private wholesale enterprises should be reduced accordingly to keep the spread not less than 400 yuan.
In addition, the maximum wholesale price of gasoline and diesel will improve in equal installments. Contract by the supplier and distribution to retail business, the highest wholesale price in accordance with the highest retail price upside down in 300 yuan; the contract is not agreed to the distribution, the maximum wholesale price by the provinces (autonomous regions, municipalities) pricing department at $ 300 based on the consider the transport fees to determine the factors, the market retail price is lower wholesale prices should be reduced accordingly, to keep the wholesale and retail price difference is not less than 300 yuan.
According to statistics, June PetroChina, SINOPEC Crude Oil plans to process than those in May rose slightly, the local refinery processing volume was essentially flat compared to May, so the domestic crude oil processing volume in June is expected to hit a record high.
Development and Reform Commission adherence to the pricing mechanism
As of May 29, the continuously moving weighted average price of 22 consecutive working days, Brent, Dubai and Cinta crude oil than the last price adjustment of gains as high as 19.43%.
CBI analysts believe that the domestic economy is still in the recovery phase, the refined oil market into the traditional needs of the low season, the country has withstood the pressure and decided to raise the price countries to strictly comply with the latest release of finished oil pricing mechanism in theoretically appear upside, did not suppress but combined with national conditions is not adjusted properly raised domestic gasoline and diesel retail prices indirectly with international standards.
The industry believes that the increase in refined oil prices help to improve refining margins, the biggest beneficiaries will be Sinopec.