The 4 Million Ton Gap Sounded The Diesel Alarm &Nbsp; The Three Giant Export Was Halted.

In April this year, domestic diesel production increased by 9.8% over the same period last year, hitting a new high in the year. The "diesel shortage" has not yet arrived. The NDRC suspended diesel exports in May 13th.

This reflects the rapid increase in domestic demand for diesel oil due to spring ploughing, fishing and electricity shortages in some areas. The three major oil companies' diesel exports have been halted.

According to the NDRC statistics, the apparent consumption of diesel increased by 8.6% over the same period 1~4, and the storage of refined oil products remained at a relatively high level for the time being.

Analysts believe that this year's domestic diesel oil gap is at least 4 million tons or more. This indicates that the NDRC is concerned that the three major oil giants can earn more than 700 yuan per ton of diesel oil, and that the excessive export volume may cause the "diesel shortage" to reappear last year.

Reporters learned that petrochemical double male 5~6 month

High output in April is still tight.

Data show that in April, domestic diesel production was 13 million 950 thousand tons, an increase of 9.8% over the same period, which has been increasing for fourth consecutive months, the highest monthly production level since 2011.

But this figure is lower than the output of 14 million 640 thousand tons in December last year.

In December last year, oil companies increased their production of diesel oil due to oil shortage.

Treasure Island analyst Zhao Xu said, at present, the supply of diesel is tight in the whole country. The wholesale business of the two major companies in East China, Southern China and central China basically stops, and there is a tying phenomenon in the main retail business.

It is understood that the diesel stocks of private gas stations in East China can only be maintained until the middle of this month, while the two giants are increasingly strict in terms of wholesale control volume and high price of external resources. Even if the wholesale price is zero, profits will still be difficult to guarantee, and shipments will not be high enough to sell.

According to the NDRC statistics, the apparent consumption of diesel increased by 8.6% over the same period of 1~4 month, and the power generation consumption also increased significantly.

The industry believes that this is due to the season of crop cultivation and harvesting, which will enter a closed fishing period this week. The demand for diesel fuelled fishing vessels will increase sharply before the end of the fishing season.

Hu Huichun, an information analyst at Zhuo Chuang, said that Hubei's drought, Jiangxi, Hunan, Chongqing and other places were in urgent need of electricity shortage, the amount of diesel oil increased, the construction and utilization rate of industrial and mining infrastructure was relatively high, and the demand for logistics and pportation was frequent.

The gap is at least 4 million tons per year.

"Diesel oil will be at least 4 million tons or more."

Zhong Jian, the chief analyst at Schwann energy, judged the "diesel shortage" situation.

According to his calculations, in 2011, the processing capacity of Sinopec's new crude oil was about 17 million tons, which is the last year in the past 3 years.

"According to the higher average processing load level that has been raised to the two largest oil companies in 2010, if the new processing capacity is put into operation at the beginning of the year, the annual increase of diesel oil will be about 6 million tons."

He said.

Zhong Jian believes that if the GDP growth rate of 8%~10% this year, domestic diesel oil

Zhong Jian said that another year's power shortage, oil generation, diesel and other standards for new unexpected factors will further exacerbate the imbalance between supply and demand.

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At present, Zhejiang, Jiangsu, Jiangxi, Hunan, Chongqing and other Eastern and central regions have appeared "power shortage" in the off-season before the summer peak, and the western regions such as Inner Mongolia, Gansu and Xinjiang are facing difficulties in power pmission.

Petrochemical double male to increase supply

On the 13 day, the NDRC requested that the export of refined oil products be strictly controlled in the near future. In addition to Hong Kong and Macao, the export of diesel oil was suspended in principle, while the import of light chemical oil and other chemicals increased.

In the first 4 months, imports of domestic refined oil increased 18.3% to 14 million 250 thousand tons compared with the same period last year. In April, the volume of imports was 3 million 220 thousand tons and the export volume was 2 million 50 thousand tons.

The development and Reform Commission said that oil companies should speed up project construction and put into production, arrange maintenance reasonably, maintain high load operation, increase refined oil production, maintain reasonable inventory structure and level, adjust product mix and raise output of shortage varieties.

PetroChina, Sinopec and CNOOC should continue to supply local refineries with crude oil and acquire refined oil to increase supply.

Since March, Sinopec has suspended the export of refined oil.

This month, Sinopec plans to extract 1 million 730 thousand tons of diesel oil and increase diesel oil production awards by 100 yuan / ton to 300 yuan / ton.

CNPC also stated that it would strictly implement the requirements of the NDRC.

Data show that China's refined oil exports reached 2 million 50 thousand tons, down 20.23% from the same period last year, and the ratio fell by 20.54%.

He Jieying, an analyst at Treasure Island, believes that in the past two months, domestic diesel export revenue has been higher than domestic sales revenue of 788 yuan / ton, and the significance of the issue is significant.

In April, the average export price of domestic refined oil was 782.56 US dollars / barrel, up 21.88% compared to the same period last year, rising by 3.99%.

"This shows the determination of the state to guarantee supply and prevent" electricity shortage "and lead to" diesel shortage ". The market does not need to worry about oil shortage for the time being.

JOYOU information analyst sang Xiao said.

Zhong Jian believes that the government's key to market regulation is to prepare ahead of schedule and prepare for trouble.

The gap can still be solved by adjusting the import and export rhythm, adjusting the production of diesel fuel ratio and increasing the scale of ground processing.

The NDRC said that in April, the oil product storage increased by 450 thousand tons, basically at a reasonable level, and the key oil demand was guaranteed.