Refined oil prices may rise on April 11

On March 27, 2013, the price of oil dropped for the first time in the year. According to the new pricing mechanism, oil prices may usher in another adjustment on April 11. The reporter learned that due to changes in the oil sustenance of the new mechanism, it is difficult for the industry to accurately predict whether the oil price on the 11th is up or down. However, international oil prices have recently oscillated upwards, and prices may be higher, but the price adjustment is smaller. At the same time, although the space for promotion of gas stations has decreased after the price adjustment, due to the general market demand, there are still nearly 90 gas stations selling at a reduced price.

The National Development and Reform Commission announced on March 26th the improved domestic refined oil price formation mechanism. The refined oil price adjustment period was shortened from 22 working days to 10 working days; the price adjustment limit for 4% fluctuations in the average price of oil seeds affiliated with the international market was abolished. . The price of refined oil will be adjusted every 10 working days. The drop will fall and the rise will increase. However, when the price of gasoline and diesel oil is lower or lower than 50 yuan per ton, it is equivalent to less than 5 cents per litre of price adjustment. In order to save social costs, the retail price will not be adjusted temporarily. According to the new mechanism, the price adjustment date will come on the 11th of this month. However, the reporter found that when it happens, it is up and down in the end, and it is difficult to draw conclusions in the industry.

According to analysts, the current international oil price change rate is still negative, and it is difficult to judge whether the price of oil will rise on the 11th. However, no matter whether the latest price adjustment is up or down, from the long-term perspective this year, the price of oil is an upward trend. In addition, after the new oil price mechanism, since the price adjustment interval is very small, the price of each price adjustment will be small, and the retail price of gasoline and diesel will be adjusted at around 0.1 yuan each time.

The reporter also learned that after the price adjustment in Shanghai, although the profit-making rate of the gas stations in Shanghai has shrunk, the demand for oil products in the Shanghai area is still not strong, and the zero-pitch difference still exists. Gas stations still have room for profit. The relevant monitoring data showed that the average letting margin of No. 93 gasoline in Shanghai was RMB 0.20 per litre, which was basically the same as that before adjustment; the average letting margin of No. 0 diesel was RMB 0.07 per litre, which was less than the rate of letting before adjustment. Oil customer network data also shows that there are nearly 90 promotional gas stations in Shanghai, and the discount rate is between 0.05-0.44 yuan per liter.