Sinopec's push-price products have not succeeded Spike brewing a new round of price cuts

Source: Internet
Author: User
Keywords New round Sinopec refined oil
Tags continue cuts drop high learned market the domestic
The recent sharp drop in international oil prices has left the oil-refining forecasts stranded.  A few days ago, Sinopec Beijing headquarters informed the request of sales companies to push prices again, but the reporter learned that the international oil prices continue to weaken the impact of the recent South China main sales weakness, has been unable to push prices, the Guangzhou market on the wholesale price of refined oil has begun to loosen, future bearish. At the same time, after the rise in expectations stranded, the market on the price of refined oil has also begun to rise.  In oversupply, the market a bearish background, Guangzhou retail product price is brewing a new round of price reduction. Wholesale price of refined oil products in Guangzhou yesterday, the wholesale market prices remain high, but international crude oil prices are weak. Lio Kaisun told reporters that the market on the Guangzhou wholesale price has been loosened, but still at a price without the market.  Yesterday, Guangzhou State No. No. 393 gasoline sold 7900 yuan/ton, the country 30th diesel 6800 yuan/ton, generally lower than the listing price of 50 yuan-100 yuan/ton, but the market is still very light transaction. Guangzhou a private gas station webmaster told reporters that the recent wholesale price of refined oil has dropped more than 100 yuan/ton, domestic oversupply, the market continues to be bearish, "PetroChina, Sinopec these days also often actively call to ask us to do not oil." Because the market is bearish, they should be eager to unload.  "Analysts said, South China's large area of oil product transfer price is always high, but the domestic total supply of diesel oil oversupply, domestic main gasoline and diesel stock level is very high, the main wholesale link sales pressure is still large."  Retail sales of refined oil are brewing a new round of price-cutting in the retail chain. "PetroChina is doing promotions, and Sinopec's suburban gas stations and nearby suburban gas stations are doing promotions," he said. "The above private station owners said," We are now promoting the strength is also increasing. "The reporter from the oil, PetroChina BP, Sinopec learned that the company's retail outlets are promotional." PetroChina insiders said that at present, in addition to fixed customers have promotions, and private gas stations have a certain gap in the price to follow up downward. "Oil prices are at a slow pace," he said. The recent torrential rains in Guangzhou have caused flooding on the streets and the public have reduced their driving trips. A few days ago, there have been thousands of vehicles have been flooded, this will certainly have a certain impact on gasoline sales.  "However, the webmaster said that the consumption season of refined oil has arrived in the summer, the expected future sales will increase." The price of domestic oil prices fell below 70 U.S. dollars/barrel yesterday, not only dilute the oil product rising expectations, the market has also been the voice of the downward adjustment. "Certainly not in the near future. Lio Kaisun yesterday made clear to reporters that. According to the source of energy tracking data, as of May 14, the average rate of change in the three oil prices is 4.18%, still more than 4% of the price adjustment, but Lio Kaisun that the international oil price is still not stable, and so on May 17, when the three closed, the average rate of change will return to 4%, price adjustment of the two prerequisites-"4%"  The requirements are broken. In addition, Lio Kaisun also expected this monthAt the end of the international oil price continued to decline, "according to the current trend of crude oil, there is even the possibility of price reduction, but this is not expected to be implemented in May." "Guangdong Oil and gas chamber of oil minister Yao Daming also believes that the domestic oil prices should be lowered next month," the three oil prices and New York oil prices have deviated, although the three oil prices are still up, but the price of New York has fallen into the downward range.
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