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Insiders Claim That Domestic Prices May Rise At The End Of This Month

yesterday announced the internal control of the rate of oil price of three shows

the change that the rate of change greater than 3% of the positive value of 4% of price adjustment, near the red line, the industry predicts the country will meet in late November to price adjustment window. However, in view of the private service stations in recent years to bring the price war intensifies retail Beijing hundreds of service stations are price promotions.

It has been reported that the last price adjustment of domestic gasoline and diesel on October 9, when the domestic gasoline and diesel prices have dropped from 300 yuan / ton. Subsequently, international oil prices continue to rise.

Yesterday, international oil prices remain high, as the deadline for journalists, the transaction is not over yet. However, in Friday's trading, the price of New York crude contracts for oil futures closed more than three months since reaching the highest closing price, $ 98.99 per barrel, or 1. 2 percent, the benchmark contract since July 26, the highest since the closing price. Price from week to see the sixth straight week of gains. Meanwhile, the London price of crude oil futures contract on Friday rose 45 cents to $ 114.16 a barrel, or 0.4%.

Social oil business analyst Li told reporters on November 11 in comparison with international oil prices on Oct. 9 that the adjustment of domestic prices in the international price of oil has risen 19.29%, while the more October 4 , the lowest monthly $ 75.67 a barrel, 30.82%.


Increase in wholesale prices in some areas

Continuing increase in international oil prices, driven by the adjustment of domestic petroleum prices on the basis of the exchange rate of the three oil prices continued to approach 4%. As of November 11, three oil changes in the rate of 3.29% mobile, the price adjustment is expected to play gradually. Cho Chong Qing Chen Consulting, said oil analyst, if the last part of the oil following the current trend, this month the NDRC price adjustment conditions are met, the price adjustment window opens.

It is noteworthy that in a moment just to ease domestic shortages of diesel, no doubt, the price adjustment is expected to accelerate the diesel shortage to ease the negative factors. Yesterday, reporter learned that multiple interviews, gasoline and diesel household current wholesale markets, wholesale and retail the wholesale price of diesel to reduce the phenomenon of investment, but still maintain the same wholesale price situation, the domestic wholesale price 8296 yuan / ton, and in the oil industry, petrochemical further restriction; market for wholesale gasoline is relatively flexible, the wholesale price 9440 yuan / ton and the price maximum sales from profit margins of 300-400 yuan / ton.


Yesterday, the domestic refining more sensitive to prices of Shandong has started to move with changes in international oil prices, wholesale prices of gasoline from different manufacturers, including Kim Cheng, HSBC, Bo Beijing and other manufacturers .

Beijing is promoting hundreds of stations

Retail market, the phenomenon across the country to the line of diesel and the sale of substantially reduced, while more than a sale of gasoline at a discount. Among them, the Beijing market, hundreds of stations are in the 93 oil price developments, including Shell, Total and other foreign broadcasts, and other state-owned gas stations in the oil, the price range from -0.2 to 0.1 yuan / liter, while private oil promotions station -0.7 to 0.6 yuan yuan / liter. The reason why price promotions, service stations have said, because the wholesale price and retail gasoline from 300 to 400 yuan / ton profit margins, intense competition and the local area.

by: wang may
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