The start Of This Month Or Transferred Below The Oil Is sort of A Foregone Conclusion?

HC Chemical Community Information Worldwide Crude Costs more than 10 consecutive trading days up to speed up the country Oil The pace of value will increase.

latex liquid pressure tank1 eleven interviewed a number of skilled evaluation of oil bodies, which typically believes that the international crude oil prices firm above 80 U.S. dollars, the state or the top of the retail worth of oil increases, it would be the mainland in 2010 the primary price adjustment, improve or one hundred fifty yuan per tonne to 200 yuan.

Analysts imagine that this has been within the low profitability of the refinery in February’s profit margins shall be in January underneath the pressure of rising international crude oil prices.

Early this month, or value adjustment below

Soaring international crude oil prices last week, New York crude oil futures closing value on January 6 is also broke by way of 83 U.S. dollars / barrel, Brent, Dubai and Cinta common worth of three crude oil reached 79.88 U.S. dollars on / barrel. Interest Wang Power Liao Kaishun oil analyst, stated on Nov. 10, 2009 when the nationwide price adjustment, refer to the three benchmark crude oil price 74.34 U.S. dollars / barrel, in keeping with 22 days shifting common rose more than four%, the crude oil it three consecutive 22 day transferring average value of greater than 77.31 U.S. dollars / barrel, in concept, international locations ought to consider raising domestic oil prices.

Liaokai Shun the view that the pattern of worldwide oil prices significantly, as lengthy because the international crude oil prices late in the 79 U.S. dollars / barrel above the correction will final for about two weeks, this month the common worth change fee of the three tremendous 4%.

Zhuo Feng Liu Chong IT researchers refined oil had the same view. He said the recent international oil worth will remain at 80 dollars, even if a sharp correction, 20, will break round 4%, it is envisaged that, at the top of the possibility of giant value adjustment, improve or a hundred and fifty to 200 yuan .

Liao Kaishun evaluation, doesn’t rule out the potential for domestic gas Diesel fuel Up until the maximum retail worth potential early subsequent month. Nonetheless, the price adjustment price will not be great. Home gasoline and diesel demand remains to be weak, stocks are still excessive, high oil prices just isn’t conducive to operation of the market.

Refinery in February below the burden of profit

“Whereas refining margins rebounded barely bottom, however nonetheless remained at low levels. If this is not the tip of price adjustment, smaller margins.” Liao Kaishun stated.

China Oil [13.722.01%] Economic and Know-how Analysis Institute of Market sources stated the import of crude oil processing loss stage of the month to slow down. Use of home crude oil, Total Oil Depletion have narrowed, but nonetheless cannot deficits. January refined oil consumption remains to be low season, prices of exhausting sharp rebound Promote Additionally face better pressure, and refinery processing both home or imported crude oil will inevitably fall into a lack of gas oil. In accordance with Wang

interest survey, the major domestic refinery operating price of eighty one.12% at present, nonetheless in since May 2009 low since. Refineries concentrated within the northeast area is still facing excessive inventories of refined oil stress. Shandong to start refining the late load will keep falling.

Two large step up let promotion

Weak home demand, inventory is simply too high, PetroChina, Sinopec increased since the tip of the fuel station let promotion and oil merchandise exports.

It is understood, Sinopec, CNPC’s part of the fuel stations in Shanghai, Changzhou, Nanjing and Jiangsu, Zhejiang, main value war in different cities, started to cut costs within the. Amongst them, the Shanghai No. 93 Gasoline There are six sorts of prices, Jiangsu, Zhejiang, 93 highest retail gasoline limit to six.27 yuan, Shanghai, Jiangsu, promotional prices are approximate.

Liu Feng, an oversupply of this description, from the earlier seller’s market right into a buyer’s market.

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