Refined oil or a "losing streak" Ningbo oil prices drop, "rang

Category: Ningbo News
Published: Wednesday, 20 June 2012 14:49

Source 2012-6-20 9:05:27

The picture shows the car queuing refueling scene. (Xu Chang)
  Refined oil will decline and the atmosphere is getting stronger
  Bulk e-commerce platform, Treasure Island data show that as of June 15, Brent dtd, Cinta, Dubai crude oil average price per barrel to $ 100.067 $ 104.305, during the last 22 days the average price of a barrel fell 3.26 percent, compared with the June 7 benchmark price. The rate of change of the three negative trend to further expand this week, will meet the 4% node.
  At the same time, the market bearish atmosphere is also increasing. Traders to price adjustment in implementation, the inventory is low, moderate replenishment basic complement the library is completed, is in the digestion stage. Refinery shipments come to an end, gradually approaching the negative with the rate of change, gasoline and diesel prices will quickly turn around to enter the decline in the channel. "Zhuo record information, an analyst at that.
  Domestic refined oil losing streak the voices have become stronger. Analysts believe that Greece after the election, the international oil prices to maintain the momentum to rise $ 1 a day, to July 10, to meet the 22 working day time, the three crude rate of change may rose more than 4% The market down the window will not open. However, if the rate of increase of late in international oil prices is limited, then to three oil changes remained below 4%, then down window will open again to usher in a "losing streak" of the situation.
  Parties in the market is bearish outlook again, petrochemical clubs wholesale of refined oil this month direct sales is still not satisfactory, overall sales progress arrears serious. It is understood that PetroChina, Sinopec, wholesale and direct sales for about 30% of the original sales plan in mid-June was only
  Sinopec Sales Company also last week issued an emergency notice requirements around the marketing company must reduce the ownership of stock, stop everything you can to stop foreign mining efforts decompression, on behalf of mining and allocation of resources scale.
  Ningbo oil prices "down" rang
  Deepen With lowered expectations, in fact, the wholesale price of gasoline and diesel are also down, wholesale and retail price difference is once again widening; It is reported that in Jiangsu, Zhejiang and Shanghai, the two companies 18 wholesale price of gasoline and diesel continues dropping, No. 0 diesel 7680 yuan / t ~ 7800 yuan / ton, 93 gasoline 8950 yuan / ton to 9300 yuan / ton.
  With the expansion of the gas station profits, some private stations the first to join the ranks of discounts. Money Hubei road, a South Garden petrochemical industry, the current retail price of 93 gasoline is 7.12 yuan / liter, a liter lower than the ceiling price of 7.27 yuan, 0.15 yuan; Jiangbei agate on the road one of the Total oil station 93 retail price of gasoline is 7.16 yuan / liter, 0.11 yuan lower than the price ceiling; In addition, the Yuyao Xianqiao gas station, Jiangbei Ni gaojiayan gas station, Beilun in Shiyou Lin thriving gas station have 93 of the main oil gasoline discounts.
  According to an unnamed gas station responsible person said, June 9 refined oil during the year the second down, the gas station to get the wholesale price of 9100 yuan per ton, 93 gasoline, 97 # gasoline is 10,000 yuan per ton, No. 0 diesel 7800 yuan per ton, the current wholesale price is 8900 yuan / ton and 9800 yuan / ton and 7600 yuan / ton. Than ten days ago, dropped by 220 yuan / ton to 400 yuan / ton range.
  The new pricing mechanism are still under discussion
  Times lower refined oil in June to fulfill our commitment, and down by a big margin, but this rate is still lower than market expectations, a number of agencies was originally expected to drop $ 600 a tonne to $ 700, industry sources said This is mainly the domestic refined oil pricing mechanism in the pricing of opaque, adjust the lag and cyclical too long cause.
  When the new refined oil pricing mechanism introduced has been the focus of the industry. Many industry insiders believe that, as international oil prices into the downstream channel, the timing of the new pricing mechanism launched maturing, and some even called for by oil prices "down" when it introduced the. In this regard, the NDRC official said, the new refined oil pricing mechanism reform is advancing, not yet formed a consensus, still in embryonic stage, reform is not an easy thing, hoping there will be a substantial breakthrough in the next year.
  Extended reading
  Fall in international oil prices
  European debt cloud lingers, international oil prices fell on the 18th.
  Become a global market of concern to Greece on the 17th parliamentary elections, the parties to support fiscal austerity plan to win, able to form a coalition government. Greece temporarily to avoid the fate of the exit from the euro. This boost in international oil prices on the 18th morning opened higher, but the rally soon disappear, investors are still cautious about the prospects of the European debt.
  Raymond, a senior trader at the New York Mercantile Exchange Caborn said, the day the market is still the situation in the Greek on the sidelines, in addition to Spanish and Italian debt is worrying, market confidence remains fragile.
  The same day, German Chancellor Angela Merkel urged the EU and the IMF before the new Greek government to comply with the commitments made, strict implementation of the reform and fiscal austerity plan, said they did not accept any form of broken promises. Greece's new government is able to effectively deal with the debt problem is still unknown.
  Moreover, Spanish and Italian bond yields continued to rise, exacerbated by market worries about the spread of the debt crisis in Europe. Day, Spain's 10-year bond yields again rose more than 7%, reaching the highest level since joined the euro. The market believes that unless Europe takes a more radical and effective crisis response, and market confidence remained weak.
  The same day U.S. dollar against the euro strength, the dollar index also rose, put pressure on dollar-denominated crude oil.
  The United States, the Federal Reserve monetary policy meeting will be held on the 20th. Current investors for a new round of quantitative easing of monetary policy is expected to weaken, but also crack down on market sentiment.
  In addition, the third round of Iran's nuclear negotiator, the same day in Moscow to open the market on the outcome of the negotiations on the sidelines.
  To the closing, the New York Mercantile Exchange, light sweet crude for July delivery fell 76 cents to close at $ 83.27 a barrel, down 0.90 percent. August Brent crude fell $ 1.56 to close at $ 96.05 a barrel, a decrease of 1.60%.
  (According to Xinhua News Agency)