News center
Xinhai wins opportunities and future with innovation.
Position:
Homepage
>
>
>
There is a high probability that the price adjustment of refined oil products will be stranded in the current round.

There is a high probability that the price adjustment of refined oil products will be stranded in the current round.

(Summary description) As of January 10, the eighth working day of the current round, Zhongyu Information estimated that the crude oil change rate was 0.32%, the crude oil valuation was 55.283 US dollars / barrel, an incre

There is a high probability that the price adjustment of refined oil products will be stranded in the current round.

(Summary description) As of January 10, the eighth working day of the current round, Zhongyu Information estimated that the crude oil change rate was 0.32%, the crude oil valuation was 55.283 US dollars / barrel, an incre

Information

  Recently, supported by OPEC's firm attitude of reducing production, declining crude oil inventories, and a weaker US dollar, the oil market has supported the oil market. International crude oil closed overnight and continued to rebound sharply. Affected by this, the retail price adjustment of refined oil products is expected to change from negative to positive.

 

  As of January 10, the eighth working day of the current round, Zhongyu Information estimated that the crude oil change rate was 0.32%, the crude oil valuation was 55.283 US dollars / barrel, an increase of 0.176 US dollars / barrel from the benchmark price, and the corresponding increase was 25 yuan / ton. It is expected that the zero limit of refined oil products will not be adjusted at 24:00 on January 14.

 

  Zhang Zhaoxin, a product oil analyst at Zhuochuang Information, said in an interview with a reporter from the Securities Daily yesterday that the current round of retail price adjustments for refined oil products has a high probability of stranding. Due to the positive news transmission, the wholesale prices of refined oil products of domestic main units and local refineries have shown an upward trend, more operators have operated and market transactions have improved. At present, the rate of change of domestic crude oil is at a low level of negative value, and there are still two working days before the price adjustment. If crude oil continues to rise, it will drive the rate of change from negative to positive and increase in a positive range, so it is not ruled out at 24 o'clock on January 14th. The retail price of diesel may be slightly increased.

 

  Hu Yu, a product oil analyst at Zhongyu Information, told the Securities Daily reporter yesterday that crude oil prices have continued to rise sharply, and the prices of refined oil products have continued to rise due to the east wind of crude oil. Among them, North China and East China gasoline and diesel prices increased by 50 yuan / ton to 200 yuan / ton. Recently, there has been a temporary halt in procurement and stocking in the downstream, and prices began to decrease after the price rose.

 

  Regarding the forecast of the market outlook, Hu Xue said that after the continuous rise in crude oil, the high level fluctuated, and the rise may be temporarily eased. In addition, the market industry ’s acceptance of high-level resources has declined, and the market ’s gasoline and diesel sales may have narrowed. However, considering that the sales tasks of the main businesses in the region at the end of the month have been fulfilled in advance and the shipping pressure is not great for the time being, it is expected that the market prices of gasoline and diesel will remain firm in the recent days, mainly to wait and see the market outlook. (From China Energy Network)

Scan the QR code to read on your phone

Phone:+86-317-5907000/5606579

Address: Middle section of Nanshugang Road, Huanghua Port, Bohai New District, Cangzhou, Hebei Province

E-mail:xinhaigroup@hbxhhgjt.com

 

Hebei Xinhai Holding Co., Ltd.  Copyright ©  2019 All rights reserved     冀ICP备14018862号-1