The wholesale price of diesel oil is lowered and the two giants release the oil shortage

Source: Internet
Author: User
Keywords Giant wholesale price oil shortage release solution
Every reporter Shing Chunlai Zhang Guodong from Beijing, Shandong, Guangdong and Shaanxi and other places of the local refinery in recent days, a tiny drop in diesel wholesale prices declined yesterday (November 18).  "Daily Economic news" reporter survey found that the wholesale price of diesel throughout the world is still kept above the top retail price, zero upside down situation does not change.  Unlike local refineries, PetroChina, Sinopec and the two giants of the diesel wholesale prices did not fall, diesel wholesale external continue to control sales, only part of the petrol station diesel release.  Lio Kaisun energy analyst, said that by the state price regulation, the two giants of the wholesale price of diesel oil without falling space, the final mitigation of diesel shortage requires the two giants to release large quantities of diesel wholesale.  However, the two giants are now too low in inventories, themselves worried about the supply of diesel, diesel market resources may have to wait until the end of December or early next year. Reduction of the wholesale price of diesel oil according to the energy monitoring data showed that November 17, Shandong -10# Diesel Kuche price increase of 8050 yuan/ton, than November 15 of the highest 8100 yuan/ton fell 50 yuan/ton.  Most of the prices and prices of ~150 in Shandong and north China are lower than the previous highs by 50 yuan/ton.  Yesterday, the East China local refinery diesel prices have 100 yuan/ton of decline, the car price increase in the 7800 Yuan ~8050 yuan/ton range. For the cause of the small decline in the wholesale price of diesel oil, analysts believe that the main reasons include the international oil price decline in consecutive 3rd, the two major diesel supply increased, as well as the price of the near limit, cautious market mentality to suppress a large single purchase enthusiasm.  18th, the South China market non-standard diesel wholesale prices have risen to about 8300 yuan/ton.  At present, the main price of Shandong refining downward consolidation, causing some traders to put the goods intention, but most of the choice to wait and see, some of the private oil enterprises have a stop pin mentality, the market temporarily stranded, waiting for the stimulus factors appear.  Two big shippers can solve the diesel shortage and the wholesale price reduction of diesel oil, the two major diesel wholesale prices have not fallen.  18th, Shandong Province, PetroChina -10# Diesel limited to add storage costs after the current listing of 7981 yuan/ton, the price is higher than earlier.  In this respect, Lio Kaisun analysis, because the two giants by the state price regulation, the current wholesale price is far below market prices, and market prices have not come down to the national price.  Take 0# Diesel As an example, the current national diesel wholesale average price remains at 8000 yuan/ton, while the national maximum retail prices of diesel but 7625 yuan/ton. "The two giants can not wholesale market prices, the refining is more flexible, the country is also trying to tube, but the effect is not big, so dare to sell at high prices, so that the smelting also has a decline in space."  "Lio Kaisun said. The two giants have been focusing on diesel shortages this month, and are implementing measures to increase production.  However, at present, its basic to the retail market for the main, the external still limited control, the batch of direct circulation of diesel fuel resources are still a serious shortage situation. Lio Kaisun analysis, diesel drought relief is not to see whether the two giants will reduce prices, but to see if they increase the volume of goods;But because the zero price difference is too high, and resources are not in place, inventory is still low, unable to release goods. "The two giants are afraid that Diesel is bought and sold to earn the difference, and their own prices are low, so the control of the sale is inevitable."  Lio Kaisun said that this formed a vicious circle, the more control of sales, diesel wholesale prices increased.  As of November 16, the three-place crude oil moving weighted change rate of 3.5%, away from the domestic price of refined oil products more and more near the marking. However, as the two giants need to replenish inventories to normal levels, the supply is expected to be tight or will remain for a long time, and market resources may have to wait until the end of December or early next year.
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