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    The Price Adjustment Window Of Oil Products Is Again Open To &Nbsp; The Time For Price Adjustment Is Postponed.

    2011/4/29 9:23:00 33

    Product Price Adjustment Postponed

    Reporters yesterday (April 28th) learned from a number of institutions, domestic

    product oil

    The reference price of the three crude oil for the 22 working days, the mobile average price change rate exceeded 4% again this week, which means that the domestic oil price adjustment window will be opened again after the time condition is satisfied.

    But considering the current inflation situation, the timing of price adjustment is likely to be pushed back sharply.


    According to the monitoring of Zhuo Chuang information, as of April 21st, that is, the last round.

    Modify price

    After the eleventh working days, the change rate of crude oil in three places was 4.33%, and once again exceeded 4% of the "red line", thus setting off a new round of price adjustment expectations in the market.

    If recent international oil prices are still at a high level, it is estimated that by the 22 working days in early May, the change rate of crude oil in the three places will still stay above 4%, when the new round of oil price adjustment window will be opened again.


    According to the energy monitoring of Xi Wang, in April 26th, the average weighted average price of crude oil in three places reached 5.44%.

    Treasure Island

    Monitor

    Data show that as of April 26th, nearly 22 days, three spot crude oil spot rate rose 5.72% over the benchmark price.


    "It is expected that after the May 1 holiday, around May 9th, the price adjustment window will be opened again."

    Treasure Island analyst Zhao Xu said.


    However, according to the price adjustment practice of the NDRC, the price adjustment will not be immediately adjusted after the oil price goes into the up cycle, and it will delay the week or even a month to alleviate the degree of downstream oil price pmission and disrupt the operation of market speculators.


    "It is estimated that inflation will become an important factor in price adjustment after the opening of a new round of price adjustment in early May.

    From the current macro environment, after the opening of the current price adjustment window, the NDRC will be more cautious in raising prices, and the price adjustment time will continue to be postponed.

    Hu Huichun, an information analyst at Zhuo Chuang.


    However, under the above policy trends, the tension in the refined oil market is also difficult to ease in the short term.

    On the one hand, China's main steam and diesel industry will keep the same price as wholesale and retail prices; on the other hand, with the weather becoming better and the demand for firewood and fuel to flourish, the wholesale of diesel will be strictly controlled, and even diesel retail will be controlled.


    "Because of the strong demand for rigid market in the late period, and the high level of international oil prices, the profit of domestic refineries has been continuously compressed, and the enthusiasm for refining production has been frustrated.

    In addition, the power gap is ahead of schedule, and many factors will increase the pressure of diesel supply.

    At present, the situation of diesel oil resources in late stage is not optimistic.

    Zhao Xu said.



     
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