The Ministry of Commerce requires oil companies to increase diesel production

This newspaper (reporter Hu Hongwei Zhongjingjing) Recently, some areas have been suspended or limited supply of diesel.　　In response to diesel tension, the Ministry of Commerce issued a circular yesterday that the two major oil and petrochemical companies to protect diesel supplies.　　Demand for higher diesel production the Ministry of Commerce said in the notice, by the domestic and foreign multiple factors, China's refined oil market diesel resources supply is tight, some areas of diesel market limited sales or even discontinued phenomenon, diesel supply and demand contradictions highlighted. It is clear from the notice that CNPC and Sinopec will strive to increase the production of refined oil, especially diesel, and arrange for the deployment of low pour point diesel production to ensure a low pour point diesel supply in winter.　　In addition, the Ministry of Commerce also said that the law to combat illegal oil hoarding, flight bidding, such as disrupting the market order violations. Earlier media reported that some areas due to energy-saving targets at the end of the power rationing measures, so that some areas of diesel supply tension.　　According to the report, "Local government power rationing behavior directly led to diesel shortage", He Bingguang, director of the National Development and Reform Commission, said at the Green Industry news conference yesterday that power cuts were not the main cause of the diesel shortage, and he said that energy-saving emission reduction is one of the factors, more important is the demand for price-supply relationship. The continued decline in diesel wholesale prices has been affected by the recent increase in the supply of resources, which continued to fall yesterday. According to data monitoring of trade information, the total diesel oil price was $8090 per ton yesterday, falling by $38 per ton in the last Thursday, and 23 yuan per ton in the last Friday.　　The current decline in wholesale diesel prices has been going on for nearly a week since the first drop in wholesale diesel prices in the country in Tuesday.　　Lio Kaisun Analysis of the trade information analyst believes that recently, the two major oil companies continued to increase the supply of diesel, easing some of the resource constraints, but also made the market expectations of persistent resource constraints, led to the current decline in diesel wholesale prices, in addition to the international oil price is temporarily difficult to continue to climb the momentum of domestic diesel prices will return to a reasonable level　　It is understood that the current national diesel retail average price of 7480 yuan per ton, the zero difference is still up to 550 yuan per ton, the Southwest and other fields of diesel tension is still relatively serious. Related news oil: will continue to increase processing volume of the report (reporter Zhongjingjing) in the oil group disclosed yesterday, following the company's first batch of procurement of 200,000 tons of imported diesel, the future company will also go to the international market to find and lock resources, according to market conditions to arrange follow-up import plans.　　In addition, PetroChina has increased its transport of 206,000 tonnes of diesel to the south from the northeast in response to the southern diesel shortage. It is understood that PetroChina's first batch of 200,000 tons of procurement has already 35,000 tons officially ashore, is about to launch the coastal market. From November 3 onwards, China's crude oil daily processing volume continued to remain at the highest level of 400,000 tons.　　PetroChina disclosed yesterday that the refinery companies are still tapping their potential to increase processing load. Lanzhou Petrochemical, which was scheduled to overhaul this month, has postponed repairs to the end of the year, adding 100,000 tonnes of processing capacity. Guangxi Petrochemical IncreasedMonthly processing capacity of 100,000 tons. The new production of Qingyang petrochemical monthly processing capacity from 200,000 tons to 250,000 tons. From this calculation, the above measures will drive the monthly processing capacity of PetroChina 250,000 tons.