Change disorder due to crude oil prices are different sources - oil, oil prices - Pump Industry

The current domestic market demand is concerned, can not afford to simply support the three oil prices the past two months up. Supply and demand from the domestic market pricing mechanism, inevitably at a loss.



Since the last oil price increase less than two weeks, they have set off around promotional price reduction wave. In Guangdong, China Oil And Petroleum BP has also joined the ranks of markdowns, which in Oil Some 93 per liter for gasoline stations fell 0.3 yuan / liter, and even returned to the level before the price adjustment. Beijing part of a huge gas station "93 # gasoline straight down 0.2 yuan" in the same Duorenyanqiu posters.



Executive-led oil price increases, then the market but then take markdowns, so the price reversals have occurred many times this year, this oil Sell Business interests against the moving behavior of the market is worth pondering.



Root of the problem lies in domestic refined oil pricing mechanism still significantly less than the executive-led pricing mechanism is difficult to meet the basic law of market pricing. In accordance with the existing pricing formula, the domestic refined oil prices are the three overseas-based crude oil prices, coupled with the reasonable cost of oil refining enterprises which have come after. Thus, the formula can meet the market rules of the premise is that domestic oil processing crude oil to be used in all three places from the overseas market and the proportion of the three full compliance with their respective administrative departments to determine the ratio of the standard. However, in reality, the domestic refining of crude oil used by enterprises with less than half from overseas, while more than half came from the domestic crude oil from mining. The overseas procurement cost of crude oil and domestic crude oil is far from, current international crude oil price of 60 U.S. dollars / barrel, the cost of domestic oil production, but only 6-8 U.S. dollars per barrel. Are, therefore, the domestic oil companies to use low-cost to enjoy high international prices, as oil processing and production of the supply side, there is a price cut itself a huge cost of space.



Let's look at the demand side, international oil prices affect the demand for a variety of factors, including not only the normal Energy Consumption, but also the national strategic factors, geopolitical change, oil reserves, regulation, and the speculation of speculative funds and other aspects. Domestic oil demand and the relationship between these factors is not large, mainly by the domestic economic situation by the decision to run. At present, China is still in stabilizing the economy to recover, both industrial production or consumption are relatively low. In this economic background, market demand for oil products is impossible, and dramatically increased. In other words, in terms of domestic market demand simply can not afford to support oil prices in recent months to three up, let alone a substantial rise.



The supply side there is the urge to cut prices and space, and the demand side simply can not support prices, this is the price of refined oil prices to rise after the company was marketing the underlying reasons. But the need to point out that promotion, after all, was only partial, if not rectify the refined oil pricing mechanism, then the distorted oil prices will hurt China's economy sound operation and recovery situation. Present the steady rise of the Chinese economy is still in a critical period, except by the policy preferences of the large state-owned enterprises, most small and medium enterprises and agricultural production is still relatively low. The latter two their ability to digest the cost has reached the extreme, this time to raise domestic oil prices reckless again, is likely to further harm their prospects for recovery. Before early June, oil prices finished up once for fear of raising the cost of summer harvest was delayed. Thus, from the domestic market supply and demand-based pricing mechanisms, and implementation will inevitably be a loss, even a departure from the basic orientation of regulatory policy.



The long term, the executive led by the refined oil pricing mechanism is only an expedient measure to allow oil price adjustment is no longer the only way to encounter controversy is as to establish the rules of supply and demand in line with market competition, completely breaking the two oil giant monopoly industry status quo. Support the private economy through policies to encourage participation in the oil market competition, this is to let market forces determine the final price of the only way to be spontaneous.



I am writer, reports some information about carbon black feedstock , degussa carbon black.